China will not stop buying oil from Russia and Iran

China will not change its energy policy under external pressure, responding to US calls to stop purchasing oil from Russia and Iran.

As Censor.NET reports, this was reported by  the Associated Press .

“China will always ensure its energy supply in a manner that meets our national interests. Coercion and pressure will not achieve anything. China will resolutely safeguard its sovereignty, security and development interests,” the Chinese Foreign Ministry said in a statement.

US Treasury Secretary Scott Bessant, commenting on the negotiations, noted that the Chinese side “takes its sovereignty very seriously” in matters of purchasing Russian oil.

“We don’t want to interfere with their sovereignty, so they would like to pay 100% duty,” Bessent said.

He called the Chinese “tough” negotiators, but assured that China’s resistance had not hindered the talks.

“I believe we have all the prerequisites for concluding an agreement,” he said.

However, Gabriel Wildau, managing director of consulting company Teneo, expressed doubts about the possibility of implementing Donald Trump’s threat to impose a 100 percent tariff.

“The implementation of these threats would undermine all recent achievements and likely destroy any chance for Trump and Chinese President Xi Jinping to announce a trade deal if they meet in the fall,”  Wildau stressed.

The United States is seeking to limit oil sales to Russia and Iran, a major source of revenue for both countries. Washington says it wants to reduce funding for their armed forces as Moscow continues its war in Ukraine and Tehran funds militant groups across the Middle East.

Author:  Marina Makeeva Джерело: https://censor.net/ua/n3566805

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