US-China trade war could give India handle to trump Iran curbs
The trade war between the US and China is expected to deflect some of the heat from Washington’s sanctions away from India and provide New Delhi the opening to keep some Iranian oil flowing even after the curbs take effect on November 4. China’s main oil importer, Unipec, the trading arm of the world's largest refiner by capacity Sinopec, earlier this month suspended US shipments. This triggered a buzz that Beijing intended to slap duty on US crude in retaliation to Washington’s tariffs on Chinese exports, prompting refiners to keep off ...
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