Report: China offers Iran $3 billion oil deal as Europe halts purchases

Report: China offers Iran $3 billion oil deal as Europe halts purchases

by WorldTribune Staff, January 18, 2019 Looking to take advantage of a U.S. sanctions waiver, China’s Sinopec has offered $3 billion to Iran to develop the Yadavaran oil field, a report said. The Chinese state-run energy company reportedly told its Iranian government-owned counterpart, the National Iranian Oil Co., that it wanted China’s share of the […]