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Iran dodges sanctions using barter system to buy billions of dollars of Chinese goods

by | Sep 10, 2026 | JPost | 0 comments

An illustration of a handshake over the backdrop of a Chinese and Iranian flag. (photo credit: Motortion Films/Shutterstock)
The secretive trade mechanism, in which Iranian oil is exchanged for credits for Chinese imports, has provided a financial lifeline for Tehran in recent years.