July 17, 2026

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CNPC Suspends Investment in Iran's South Pars After U.S. Pressure: Sources

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CNPC Suspends Investment in Iran’s South Pars After U.S. Pressure: Sources

China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said.

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