US-Iran war leaves Iran devastated, squeezes China’s cheap oil lifeline
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A conflict between the US and Iran has reportedly caused significant damage to Iran's infrastructure and economy. The conflict, which includes a US naval blockade, has put pressure on Iran's oil sector and economy, potentially squeezing China's access to cheap oil. The situation has led to talks, with an Iranian delegation traveling to Islamabad, amid uncertainty over the long-term impact on the region's socio-economic development.
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