Iran’s Door to the West Is Slamming Shut, and That Leaves China

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Commuters pass faded banners depicting Iran's religious leaders while crossing a street in Tehran, Iran, on Saturday, Jan. 6, 2018. A wave of bad loans from unregulated lenders has rocked the banking sector and oil prices have averaged less than $60 a barrel for the past three years, draining Iran of a key source of revenue. Photographer: Ali Mohammadi/Bloomberg

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