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China takes advantage over Russia after the new sanctions to Iran’s oil

China takes advantage over Russia after the new sanctions to Iran’s oil
China takes advantage over Russia after the new sanctions to Iran’s oil

The United States announced that any country that trades with Iran will receive commercial sanctions

Notipress.- The president of the United States, Donald Trump, warned that he prepares secondary sanctions for any country with import activities of fossil fuels and other petrochemical products of Iran. On the occasion of American policy based on critical minerals and energy sector, Russia y China They face a panorama of juncture commercial After the sanctions of the White House.

According to him State Department American, China is the main partner of fossil fuels exported by Iran. Figures consulted by Turtress indicated that around 90 percent of Iranian oil It is acquired by the large companies of the Government of the Chinese President, Xi Jinping.

In a report on March 10, Oil Price He informed that the 2025 sanctions issued by the United States generated a commercial chaos In the businesses of Iran fossil fuels. However, buyers in China found mechanisms to maintain oil flowsuch as the in transfers and changes in maritime routes.

As the main commercial partner of the oil exported by Iran, China maintains the hegemony of the purchase of the non -renewable energy product. According to figures mirthe country has a Exponential Growth Growth from foreign oil trade With Iran Despite the sanctions.

However, unlike China, Russia meets difficulties in the oil market after the sanctions derived from the War with Ukraineparticularly for those of USA. Official information shared by the Foreign Ministry De Russia said the authorities expect a 24% drop in the profits of the sector.

Despite the commercial situation on Iranian fossil fuels, it should be noted that China, Iran, and Russia belong to BRICS Multipolar Block. According to the Bar Associationthe BRICs has the power to financial and regulatory institutions through reforms, as in the case of International Monetary Fund.

Among the mechanisms of the multipolar block to ensure oil trade and other fossil fuels, countries can resort to others intermediaries, Commercial routese banking institutions. Regarding the volume of bank transfers, these strategic measures without complete dependence on the US dollar support the oil trade imported by China, and have the ability to benefit other members suffering from commercial sanctions.

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