Will buy oil for a long time!

China and Iran formally signed a 25- year agreement that includes political, strategic and economic cooperation.

China and Iran formally signed a 25- year agreement that includes political, strategic and economic cooperation.

Prior to the United States imposed sanctions on Iran, many countries have restricted Iran’s oil purchases.

Since 2018 , when US President Trump formally decided to withdraw from the Iran nuclear agreement, he has resumed a large number of sanctions against Iran, including restrictions on Iranian oil exports to other countries.

As a country with abundant oil reserves, Iran is also an important oil-producing country in the world.

According to China's data, in the first two months of this year, China's total crude oil imports were 89.
57 million tons, an increase of 4.
1% compared to the same period.
Nowadays, China's oil demand is large.
Strengthening cooperation with Iran can also guarantee China's energy security.
With the aid of Iran’s oil trade with my country, it can also break through the U.
S.
blockade and obtain more revenues to promote economic growth.