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Why China needs Iran's oil-but doesn't want Iran's war

May 11, 2026
Source: cnbctv18.com cnbctv18.com
News Snapshot:
When Iranian Foreign Minister Abbas Araghchi landed in Beijing on Wednesday for his first visit to China since the war began, he brought with him a familiar set of expectations: continued oil purchases, diplomatic cover, and a show that Tehran still has powerful friends.What he got was warmer in tone than in substance because China’s priority for 2026, several analysts note, lies with the US and a steady economic environment at home in which to implement its 15th Five-Year Plan.Even so, Iran remains strategically useful to China, the world’s top crude importer. At present, that reliance has become even more...
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China Tech Buzz Topics: AI | ASIA | Beijing | China | Chinese | CNBC | commission | diplomacy | Donald Trump | Economy | education | energy | environment | export | Exports | import | international | Iran | Israel | IT | Korea | law | military | Oil | power

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