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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI: US March Existing Home Sales Fell 4.3% To 4.19M
Nuclear Deal In Doubt As Iran Seeks Closer Relationship With China
Negotiations in Vienna to revive the 2015 Iranian nuclear deal are looking increasingly likely to end in stalemate.
- This week Iran has been seeking an expansion of their bilateral relationship with China. Today Iranian Foreign Minister Hossein Amir-Abdollahian and his Chinese counterpart Wang Yi discussed an expansive economic and security cooperation agreement.
- Iran is also seeking to firm up its relationship with Russia in the coming weeks. Neither China, nor Russia want Iran to develop nuclear weapons and with both countries are represented at the negotiations in Vienna it is unclear yet how the Iranian diplomatic drive will influence proceedings.
- China has been an economic lifeline for Iran since the heavy sanctions imposed in 2018. According to Kypler China imported approximately 600,000 barrels of oil per day from Iran.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.