12/01/2011

As EU tightens the screws, Iran looks toward China

China and Russia could gain significant leverage over Iran as mounting EU sanctions cause it to begin looking for business elsewhere.

By Roshanak Taghavi, Correspondent / December 1, 2011
A police officer stands outside the Iranian Embassy in central London on Thursday. Britain will call for stronger economic sanctions on Iran at a meeting of European Union foreign ministers in Brussels on Thursday following the storming of its embassy in Tehran, UK Foreign Secretary William Hague said on Thursday.
Ki Price/Reuters