Iraq And Iran Will Expedite Development Of Sanctions-Busting Shared Oil Fields oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
Russia and China have been bankrolling Iranian oil and gas projects for a while, but surprisingly, its regional rival Saudi Arabia has now also started investing in Tehran’s hydrocarbon industry
As one of the few major trading partners of Iran, China has signed a 25-year strategic cooperation pact, and while this gives Beijing major opportunities in Iran’s oil sector, it is now looking to get even better terms