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The Complex Relations Between Iran and China: An Economic and Geopolitical Overview

Iran's Oil Industry and the Chinese Involvement

Iran, a country sitting on billions of dollars worth of oil reserves, has seen its energy sector severely restricted by international sanctions over the past few decades. Many of its oil fields operate with outdated machinery and rusty infrastructure, necessitating significant investment to modernize and expand production. In this context, China has emerged as a pivotal actor, providing much-needed aid and investment.