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In 2023, trade between Russia and China exceeded US$240 billion, with Russia replacing Saudi Arabia's petroleum trade as China's largest petroleum source. Iran and Russia have agreed to conduct trade in each other's national currencies to reduce each other's dependency on the U.S. dollar in international transactions.
China and Iran held their first joint naval drill in 2017. [88] Since coming to office, Iran's President Ebrahim Raisi in 2021, has pursued a "look east" policy to deepen ties with China and Russia. Tehran joined the Shanghai Cooperation Organisation in September 2021.
(Reuters) - Russia signed a strategic partnership treaty with Iran on Friday that follows similar pacts with China and North Korea. All three countries are adversaries of the United States, and ...
China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television ...
China, Russia and Iran have also held four joint naval drills since 2019, and China is by far Iran’s largest energy buyer. At the same time, heavily sanctioned Iran is no longer the “favorite ...
The Iran–China 25-year Cooperation Program or Comprehensive Strategic Partnership between I.R. Iran, P.R. China [2] is a 25-year cooperation agreement on the further development of Iran–China relations signed in Tehran by the Chinese and Iranian foreign ministers on 27 March 2021; the final details of the agreement have yet to be officially announced.
As tension between the United States and Iran escalates, the country is finding itself further pushed into an alliance with Russia, as well as China. Iran, like Russia, "views Turkey 's regional ambitions and the possible spread of some form of pan-Turkic ideology with suspicion". [ 45 ]
The West faces a “deadly quartet” of Russia, China, Iran and North Korea, the head of the Government’s root-and-branch defence review has warned.