China pulls out of Iran energy project amid pressure from U.S.

China pulls out of Iran energy project amid pressure from U.S.

Geostrategy-Direct.com China has withdrawn from a $5 billion deal to help develop Iran’s massive South Pars natural gas field. The action, announced by Iranian Oil Minister Bijan Zanganeh on the ministry’s SHANA website, came during continued intense pressure on both nations from the Trump administration and follows a series of military confrontations in the Persian […]