Discuss America does much business with Iran at the Politics & Religion within the Wrestling Talk Forums; Ok, maybe not directly BUT Americans buy Chinese products. China uses the money to buy ...
America does much business with Iran
Ok, maybe not directly BUT Americans buy Chinese products. China uses the money to buy Iranian oil.
Re: America does much business with Iran
See the clothes you wear were most likely made using Iranian oil:
China's economy is booming, witnessed by its skyrocketing energy needs. Oil imports have doubled over the past five years and surged nearly 40 percent during the first eight months of 2004 alone. In an effort to secure future energy reserves, state oil trader Zhuhai Zhenrong agreed earlier this year to buy $20 billion of liquefied natural gas (LNG) from Iran over the next 25 years. More recently, Beijing signed a much bigger accord with Tehran under which China will buy Iranian oil and gas and help develop the country's giant Yadavaran oil field.
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