Given China’s burgeoning role in the Middle East - with Iran and Iraq, in particular, irreplaceable staging posts for Beijing’s multi-layered, multi-generational ‘Belt and Road Initiative’ (BRI) – how U.S. President-elect, Joe Biden, deals with the country is a key question for the oil industry. According to a range of senior sources in Washington close to the new administration and to sources close to the governing administrations in Tehran and Baghdad spoke to exclusively by OilPrice.com...
