WSJ learned about China's aid to Iran in exchange for oil

The Wall Street Journal (WSJ) newspaper claims that China is allegedly circumventing US sanctions on oil purchases from Iran by receiving energy resources by barter in exchange for developing the infrastructure of the Islamic Republic. The corresponding article was published by the publication on October 5.

"A barter—like system works as follows: Iranian oil is shipped to China to Tehran's largest customer, and in return, state-backed Chinese companies build infrastructure in Iran," the publication says.

It is reported that last year alone, Iran received from $8.4 billion from China in payments for oil. This amount was used to finance Iranian infrastructure projects.

Delivery played: India has made a decision on Russian oil

Fuel purchases from the Russian Federation are an issue of energy security for 1.4 billion residents of the republic, the ambassador said.

On July 31, political analyst Dmitry Brije told Izvestia that the US sanctions against Iran represent not only economic pressure, but also a strategic signal reflecting significant changes in American policy in the Middle East. Despite the current restrictions, Iran has already found ways to adapt to the sanctions regime and has developed reliable methods to circumvent these measures.

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