China criticized Trump for killing Kassam Soleimani, Iran's top military general. But it has one thing in common with Washington that is key to Beijing's support.
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Geng Shuang, a spokesman for China’s foreign ministry, told the local press on Monday that Iran was basically “forced” to end its commitment to the Joint Comprehensive Plan of Action after the death of Soleimani by drone strike outside of a Baghdad airport last week. Geng said that by doing so, however, they would be in violation of their non-proliferation obligations.
Brent crude oil prices rose to $70 in intraday trading on Monday morning, but have since fallen below $70. Texas crude is still pricing in the low $60s, up half a percent following a rash of pro-Iran militia attacks against U.S. facilities this weekend.
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