China has rejected additional US pressure on Iran, warning sanctions could escalate tensions and disrupt global economic growth and financial stability.

Crude oil price: Crude oil futures drop as markets anticipate tough US sanctions on Iran, impacting global oil prices significantly.

Crude oil futures drop as markets anticipate tough US sanctions on Iran, impacting global oil prices significantly.

China has rejected additional US pressure on Iran, warning sanctions could escalate tensions and disrupt global economic growth and financial stability.