When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Category: Iran
U.S. Expands Iran Sanctions, Targeting Chinese Firms Tied to Oil Shipments
The United States on Thursday imposed sanctions on dozens of people, companies and ships tied to Iran's oil sector, stepping up its campaign against a key revenue source for Tehran. The Treasury announced more than 50 targets aimed at people who ...
Iran Says ‘Working With China and Russia’ to Stop European Sanctions
Iran said Thursday it was working with China and Russia to prevent the snapback of European sanctions over Tehran's nuclear program after Britain, France, and Germany threatened to reimpose them. "We will try to prevent it," Iran's foreign minister, Abbas Araghchi, ...
China’s Happy With Its Iran Ties Just the Way They Are
There's been a lot of speculation in the aftermath of the brief U.S.-Israel conflict with Iran that Beijing would step in to bolster its longtime partners in Tehran. Rumors have been bouncing around that China will sell Iran advanced fighter jets ...
Chinese Commentators Cheer Over Iran Ditches GPS for Beidou
In a move hailed by Chinese media as a geopolitical turning point, Iran has announced plans to gradually replace the U.S.-controlled GPS system with China’s Beidou satellite navigation network. The decision, revealed in mid-July by Iran’s Deputy Minister of Communications and Information Technology, is being framed in ...
U.S. Treasury Chief Says China Talks Could Cover Iran, Russia Oil Buys
The next round of U.S.-China talks could include Chinese purchases of Russian and Iranian oil, U.S. Treasury Secretary Scott Bessent said Monday, a move that would shift the focus of trade negotiations into national security issues. U.S. President Donald Trump has ...
What Next for China-Israel Ties After the Iran War
In the first few months of this year, it seemed that China's ties with Israel were on the mend after entering into a deep freeze following the October 7th terrorist attack by Hamas. China had begun to soften some of its ...
Iranian Foreign Minister to Visit China on Tuesday: Spokesman
Iranian Foreign Minister Abbas Araghchi is set to visit China on Tuesday, the ministry said, ahead of a third round of nuclear talks between Iran and the United States. The visit to China, which was a signatory to a since-abandoned 2015 ...
U.S. Sanctions Second Chinese Refinery in Iran Pressure Campaign
The United States on Wednesday sanctioned a second China-based "teapot" refinery for purchasing Iranian crude, in the latest salvo of Donald Trump's "maximum pressure" campaign against Tehran. The U.S. State Department said the sanctions against Shandong Shengxing Chemical Co., Ltd, which ...
U.S. Imposes Trade Restrictions on Dozens of Entities With Eye on China
The United States added dozens of entities to a trade blacklist Tuesday, the Commerce Department said, in part to disrupt Beijing's artificial intelligence and advanced computing capabilities. The action affects 80 entities from countries including China, the United Arab Emirates, and ...
U.S. Sanctions Houthi-Linked China Oil Refinery
The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Houthi-linked ships as the White House ramps up pressure on Iran. In a statement, the U.S. Treasury Department announced it was sanctioning ...
China Urges End to ‘Illegal’ Sanctions as It Hosts Iran Nuclear Talks
By Ludovic Ehret and Oliver Hotham China urged an end to "illegal" sanctions on Iran as it hosted Iranian and Russian diplomats on Friday for talks Beijing hopes will restart long-stalled negotiations on Tehran's nuclear program.
China Urges ‘Diplomatic’ Iran Nuclear Solution Ahead of Beijing Talks
China called on Thursday for a "diplomatic" resolution to the Iran nuclear issue as it prepared to host diplomats from Tehran and Moscow for talks. The United States withdrew from a landmark deal, which had imposed curbs on Iran's nuclear program ...