China selling fuel to Iran may undermine US efforts to shut off fuel supply
London, Sep.23 (ANI): Attempts by the United States to shut off fuel supply to Iran may be undermined by Chinese state companies who are reportedly supplying gasoline to that country since early September, the Financial Times reports.
The sales come in spite of moves over the past year by international companies, including BP and Reliance of India, to stop selling gasoline to Teheran, and highlight the difficulties of implementing sanctions aimed at curbing Iran's nuclear ambitions.
The paper reports that the Chinese gasoline fills in the gap left by the withdrawal of such long-standing suppliers.
On Wednesday, according to the Jerusalem Post, foreign ministers from several countries are meeting in New York to discuss how to convince Iran to curtail its nuclear program, which Teheran insists is not meant to produce nuclear weapons.
The White House said Tuesday said that President Barack Obama met with Chinese president Hu Jintao and had been "forceful" in calling for more cooperation from China over the Iranian issue.
Oil traders said that Chinese-state owned oil companies were selling the petrol through intermediaries. The sales are legal as fuel imports are not at present included in sanctions against the country.
A Chinese official in Washington is quoted by the Times as saying "Chinese enterprises conduct normal trade relations with Iran, strictly speaking within the relevant UN resolutions. (ANI)
-
Gold Silver Rate Today, 10 March 2026: City-Wise Prices Edge Lower While MCX Gold And Silver Stay Range-Bound -
Hyderabad To Get Faster Road Link To Indore As New Highway Nears Completion, Opening Likely This Month -
Hyderabad Gold Silver Rate Today, 10 March 2026: Gold, Silver Slip In Local Market; MCX Also Trades Lower -
Oil Slumps 6% As Trump Claims Iran War Will Be Over 'Ahead of Schedule' -
Pune Gold Rate Today For 18K, 22K, 24K For Rates March 2026 -
Bangalore Gold Silver Rate Today, March 10, 2026: Gold and Silver Prices Go Up -
IPL 2026 Schedule Announcement On March 12: BCCI to Release First 20 Days of Indian Premier League Fixtures -
IPL 2026 Playing XI Prediction: CSK, MI, RCB, KKR, PBKS, GT, LSG, DC, RR, SRH Impact Sub & Full Team List -
Chennai Hotels Warn of Shutdown In 2 Days As LPG Supply Crunch Hits TN -
Trisha Shouldn't Have Attended The Event With Vijay: Parthiban -
Pakistan Facing Oil Crisis? PM Orders Shutdown Of Schools And Universities, Introduces 4-Day Workweek -
Flight Ticket Prices To Turn Costly Due To Iran Crisis? SpiceJet Chief Hints At Airfare Hike












Click it and Unblock the Notifications