Loading...
Market
What will be the major international response to China's Iranian oil approval by end of 2025?
2
Resolution / Starting Odds
UN sanctions • 25%
EU sanctions • 25%
Diplomatic negotiations • 25%
No major response • 25%
Statements from international organizations or reports from credible news agencies
Story
China Approves Iran's Shipment of 3 Million Barrels of Oil, Raising $1 Billion Amid Sanctions
Jan 11, 2025, 04:30 PM
Iran has shipped nearly three million barrels of oil from a storage facility in China, marking the first time Beijing has approved such a move, according to a Wall Street Journal report. The oil, part of reserves stored in China since 2018 totaling at least 25 million barrels, was exported following discussions between Iranian and Chinese officials in late 2024. Reports suggest the shipment could generate up to $1 billion for Iran, with funds potentially being used to support allied militia groups in the Middle East, including those linked to the IRGC. The decision by China to allow the shipment comes amid ongoing U.S. sanctions targeting Iran's oil exports, which have complicated logistics and reduced overall exports to China. This development highlights Iran's efforts to navigate sanctions and raise funds through its oil reserves.
View original story
Similar markets
Increase imports from Iran • 25%
Decrease imports from Iran • 25%
Maintain current import levels • 25%
Other diplomatic actions • 25%
Other responses • 25%
No significant response • 25%
Increased competition for uranium • 25%
Increased collaboration with China • 25%
New international treaty discussions • 25%
Increased diplomatic tensions • 25%
No significant response • 25%
US increases military presence in Asia • 25%
Military confrontation • 25%
Increased sanctions • 25%
Diplomatic resolution • 25%
Status quo maintained • 25%
Sanctions • 25%
Diplomatic measures • 25%
Military actions • 25%
No significant response • 25%
No significant response • 25%
Military alliances • 25%
Economic sanctions • 25%
Diplomatic talks • 25%
Military action • 25%
No significant response • 25%
Diplomatic talks initiated • 25%
Sanctions imposed • 25%
Opposed • 25%
Neutral • 25%
No official reaction • 25%
Supportive • 25%
No significant response • 25%
Diplomatic negotiations • 25%
Economic sanctions • 25%
Military action • 25%
Diplomatic negotiations • 25%
Military intervention • 25%
Sanctions on China • 25%
No significant action • 25%
No change in agreements • 25%
Other outcomes • 25%
Increased export agreements • 25%
Decreased export agreements • 25%
Military Intervention • 25%
No Significant Response • 25%
New Sanctions • 25%
Diplomatic Negotiations • 25%