π¨π³ China Flaunts Iran Oil Grip Before Trump-Xi Summit China is signaling its leverage over Iran ahead of a September 24 White House summit between President Trump and President Xi Jinping, with Beijing appearing to use its dominant position in Iranian oil markets as a negotiating tool. China purchases roughly 80% of Iran's oil exports, giving it substantial influence over Tehran. Chinese Foreign Minister Wang Yi met with Iranian counterparts in the lead-up to the summit, a move analysts view as Beijing underlining that leverage. Expectations for a breakthrough on Iran at the summit remain low. Trump has indicated the meeting will focus on economic outcomes, and Xi has assembled a delegation of senior business executives β suggesting trade, not geopolitics, will dominate the agenda. Source
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π¨π³ China Flaunts Iran Oil Grip Before Trump-Xi Summit
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