The bond market is flashing a warning over Iran. A veteran of energy geopolitics explains the risk
... A deal would have to be guaranteed by a trusted third party. There’s no trust at all between the U.S. and Tehran right now, because the bombs have been dropping every time they’ve sat down to negotiate. That’s where China comes in, and I’ll be interested to hear more details of what was said and agreed in Beijing [during Trump’s summit with Xi Jinping]. ...
You have got to be kidding me.
China is the primary beneficiary of the world's sanctioned oil.
