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Why the Iran deal is seen as a "win-win spirit" by China, and its impact on other emerging markets such as India
07/15/2015
Large oil importing countries such as China and India see the Iran deal very favorably as sanction limited oil imports. The deal also increases the probability of a sustained period of low oil prices which favors importers as Iranian crude flows into world markets. India with problems in its coal industry is faced with high oil import costs constraining growth, and China with large debt and other problems cosntraining growth, see the prospect of low cost oil imports for an extended period as an opportunity.
Grouped Articles
Oil-Thirsty China a Winner in Iran Deal
Wall Street Journal 07.15.2015
China Has Big Eyes, Little Stomach for Oil
Wall Street Journal 08.27.2015
The Global Battle for Oil Market Share
Wall Street Journal 12.16.2015
China Deepens Its Footprint in Iran After Lifting of Sanctions
New York Times 01.24.2016
US oil sanctions on Iran anger Asian powers
The Times 04.22.2019
Oil prices cloud India’s macroeconomic outlook
https://www.hindustantimes.com/ 05.13.2019
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