China’s Secret $2.5 Billion Lifeline Is Keeping Iran’s Oil Money Flowing, And Washington Knows It

At a Glance China and Iran run a hidden trade system that swaps oil for goods, dodging banking sanctions entirely An estimated $2–2.5 billion moved through the network in the past year alone Iran has used the funds for medicine, vehicles, and reportedly air defense equipment China’s foreign ministry denies knowledge of the arrangement A […]

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