“It’s going to affect energy prices, gas prices at home. This is very similar to what we saw at the beginning of the Ukraine-Russia war. Energy markets don’t like war in the Middle East…with China possibly. It looks like China will be hurt by this.” – @ClimateDepot… pic.twitter.com/qmZBc6IuiH
— Real America’s Voice (RAV) (@RealAmVoice) June 18, 2025
Real America’s Voice TV – Broadcast June 18, 2025
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Background:
Reuters: Beijing has more at stake in Iran besides just oil –
June 17 (Reuters Breakingviews) – Beijing has far more at stake in Iran besides just oil. China has not only benefited from importing heavily discounted Iranian crude, it has inched up its strategic infrastructure investments into the country since the duo signed a $400 billion pact in 2021. If the regime in Tehran is severely weakened or changes, China also will lose a key diplomatic lever in the Middle East. …
Moreover, Iran’s strategic location makes it a crucial cog in President Xi Jinping’s signature Belt and Road policy to enhance his country’s physical and economic connectivity with the world. As of 2023, China accounted for 3% of Iran’s $6 billion worth of foreign direct investments.
That pales in comparison to, say, Russia’s 27% contribution, but China is ramping up its support in other ways: Iran has turned to the People’s Republic for “thousands of tons of ballistic-missile ingredients”, for instance, to build its military prowess, the Wall Street Journal reported, opens new tab in June, citing sources. The trio also conducts regular joint naval drills together.
