🚨 JUST IN: China Pushes Back Against U.S. Pressure—Will Continue Oil Imports from Russia & Iran 🛢️🇨🇳
Defying mounting pressure from the U.S., Beijing has confirmed it will persist in purchasing discounted oil from Russia and Iran, despite former President Trump’s calls for heavy tariffs on Chinese goods.
🗣️ A statement from China’s Foreign Ministry emphasized:
> “We will prioritize our national energy needs. Intimidation tactics won’t work.”
🔍 Key Details:
🇷🇺 China currently buys around 2 million barrels/day from Russia
🇮🇷 Iranian exports to China are estimated at 1.3 million barrels/day
💸 These transactions are settled in Chinese yuan, bypassing U.S. dollar sanctions
💥 Trump has threatened 100% tariffs if China doesn't comply
💡 Why It Matters: This isn’t only about oil—it’s a major step in the broader movement toward de-dollarization, shifting global trade power, and challenging U.S. influence in energy markets.
With U.S.–China trade negotiations on shaky ground, both crypto investors and macro strategists are watching closely.
👇 What’s your take—could this accelerate the move toward decentralized finance and a multi-currency world economy?
#China #Russia #Iran #OilTrade #EnergyGeopolitics #DeDollarization