China presses Iran to rein in Houthi attacks in Red Sea, sources say

The stakes are high for Iran as China is one of the few capable of providing the billions of dollars of investment Tehran needs to maintain the capacity of its oil sector and keep its economy afloat.

FOREIGN MINISTERS Mohammad Javad Zarif of Iran and Wang Yi of China bump elbows during the signing ceremony of a 25-year cooperation agreement, in Tehran last month.

(photo credit: MAJID ASGARIPOUR/WANA/REUTERS)

ByREUTERS

JANUARY 26, 2024 05:06

China presses Iran to rein in Houthi attacks in Red Sea, sources say

The stakes are high for Iran as China is one of the few capable of providing the billions of dollars of investment Tehran needs to maintain the capacity of its oil sector and keep its economy afloat.

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China presses Iran to rein in Houthi attacks in Red Sea, sources say

The stakes are high for Iran as China is one of the few capable of providing the billions of dollars of investment Tehran needs to maintain the capacity of its oil sector and keep its economy afloat.

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