Iran announced a $3.2-billion natural gas deal with China on Saturday, a move that underscored the difficulty of using economic sanctions to pressure Tehran to bow to Washington’s demands on its nuclear program… Iran says it supplies China with 14% of its oil and recently announced that it was signing a $1.3-billion deal for two methanol plants with the Danish firm Haldor Topsoe and a $260-million deal for a tire factory with Italy’s Maire Tecnimont.
