Iran is bypassing international sanctions by using a barter system with China to import billions of dollars worth of goods. This method allows Tehran to circumvent US sanctions that have severely impacted its oil, shipping, and financial sectors. According to the Jerusalem Post, this opaque commercial strategy strengthens Iran’s economic resilience against mounting international pressure. In this context, market odds regarding Strait of Hormuz transit fees have decreased to 11.5% from 14% the day before.
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