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Economy

China defies US pressure as EU parts ways with Iranian oil

Updated : August 20, 2018 10:57 PM IST

The United States is trying to halt Iranian oil exports in an effort to force Tehran to negotiate a new nuclear agreement and to curb its influence in the Middle East.
China, which has cut imports of US crude amid a trade war with Washington, has said it opposes unilateral sanctions and defended its commercial ties with Iran.
China defies US pressure as EU parts ways with Iranian oil

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