After US-Iran accord and oil-price plunge, analysts warn of ‘grey area’ for Chinese firms
Analysts are expressing caution regarding the potential impact of a US-Iran accord on Chinese firms previously sanctioned for business related to Iran. While plunging oil prices suggest market optimism, the longevity of the accord and the possibility of Israeli interference create uncertainty. Experts believe existing sanctions on Chinese importers of Iranian oil are unlikely to be lifted immediately, despite potential new purchases not being subject to fresh sanctions. AI
