China Shipping Gasoline to Iran

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The Financial Times reports that in anticipation of tough new sanctions, Iran has sought and will receive, gasoline from China:

State-run Chinese companies have started supplying Iran with gasoline in a move that could undermine U.S. pressure on Iran to give up its nuclear programme, the Financial Times reported on Wednesday.

Iran is the world's fifth-largest crude exporter but imports up to 40 percent of its gasoline as it lacks the refining capacity to meet domestic demand.

The United States and its European allies may target Iran's fuel imports if it refuses to enter talks over its disputed nuclear programme by the end of this month.

Iran's oil minister said last week the country was ready for any fuel sanctions and had signed deals with other countries to purchase more gasoline.

If China and Russia aren't interesting in helping the U.S. on Iran, than Iran will have a nuclear weapon or the U.S. will have a third war on its hands.

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