China slams US on Iran oil sanctions, Saudi Arabia welcomes US move

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China slams US on Iran oil sanctions, Saudi Arabia welcomes US move
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China slams Trump's latest move against Iran, but S Arabia welcomes it

Beijing said Washington's decision to impose sanctions on buyers of Iranian oil will"intensify turmoil" in the Middle East. The US said on Monday it will penalise any imports of Iranian oil from May 2.

"China firmly opposes the US implementation of unilateral sanctions and its so-called long-armed jurisdiction," foreign ministry spokesman Geng Shuang said at a regular press briefing. The latest US move came after Trump in May ripped up a multilateral agreement between Tehran and six other countries on Iran's nuclear industry, calling it "worst deal ever," despite US allies and international agencies agreeing that Tehran had honoured the deal. Apart from the US, signatories to that deal – agreed by Trump's predecessor Barack Obama – were Iran, Britain, China, France, Germany and Russia.

He reiterated a statement issued by the kingdom's energy minister on Monday that the world's largest oil exporter would coordinate with other oil producers to ensure an adequate crude supply and balanced markets after Washington's announcement.

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