Speaking exclusively with Fortune, Wilbur Ross said the Iran war “is going at least as well as anyone could have hoped,” and that he is “intrigued” that China and Russia have not intervened.

China imports roughly half of its oil from the Middle East.

China's foreign minister held talks with Iran and Oman as the U.S.-Israel strikes lead to wider regional conflict.

By Chen Aizhu and Siyi Liu SINGAPORE, March 2 (Reuters) - Refiners in China, the world's top oil importer, have enough supply on hand to weather near-term disruption from the Iran conflict, bolstered by recent record purchases of Iranian and Russian crude and robust government stockpiling,

Iran reportedly nears deal with China for supersonic anti-ship missiles that could target U.S. carrier strike groups deployed in Middle East waters.

In quick succession, US President Donald Trump has taken out two of Beijing’s closest allies: Venezuelan President Nicolás Maduro and Iranian Supreme Leader Ali Khamenei.

China has expressed its anger over Israeli-US strikes on Iran but, despite hits to its oil imports, will not risk its interests by confronting Washington and helping its long-standing partner,

President Donald Trump's backers have celebrated the United States and Israel's attack on Iran as a blow for not just the Iranian regime, but also for China. The superpower is Iran's most powerful backer, both economically and politically, with Beijing the major buyer of Iranian oil and a key strategic ally.