China's status as Iran's top oil customer in focus before Trump-Xi meeting

🔴 Tension Rising The National 2026-05-12
The US is increasing pressure on Iranian oil sales ahead of President Trump's visit to China. China accounted for over 80% of Iran's oil exports last year, making it a key consumer of Iranian oil. The US administration is unlikely to secure cooperation from China on the Strait of Hormuz blockade, and is expected to focus on trade and agricultural cooperation between the two countries.
경제제재석유제재유가영향미이란외교중국 에너지 정책중동 에너지 시장
Source: The National (thenationalnews.com)
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