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Opinion

New China-Iran partnership would heap more uncertainty on oil markets

New Delhi has a wary eye on Beijing's latest move for influence

| Middle East
Tugboats dock an oil tanker carrying crude oil from Iran at the port of Zhoushan in March 2018: China could look to ramp up imports from the petroliferous country.   © Imaginechina/AP

Vandana Hari is founder of Singapore-based Vanda Insights, which tracks energy markets.

As part of a major realignment of global alliances, China is looking to forge stronger ties with Iran. Recent reports of the two countries preparing to sign a 25-year economic and security deal, though not officially confirmed by either side, have stirred up discomfort in a few capitals across the world.

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