The black market for Iranian oil wouldn’t exist without China. Before the Iran war began, Beijing bought 95% of all the crude Tehran shipped via a network of sanctioned tankers, mysterious traders and shadowy financial links. Hence, President Donald Trump isn’t just targeting Tehran with his blockade of the Strait of Hormuz — he’s aiming at Beijing, too.
www.bloomberg.com
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The Hormuz Blockade Is as Much About China as Iran
