China-Iran: Bad news, but it could be worse for Israel….

Iranian President Hassan Rouhani meets with Chinese Foreign Minister Wang Yi, in Tehran, Iran March 27, 2021. (photo credit: REUTERS)

China would also receive a major discount on Iranian oil and become a near monopsony, as long as sanctions on Iran remain.

When the details of a multibillion dollar, 25-year economic and security agreement between Iran and China leaked last summer, the headline in The Jerusalem Post was: “Proposed China-Iran deal is bad news for Israel.”

Continue reading “China-Iran: Bad news, but it could be worse for Israel….”