Strong axis emerging in Iran-China deal’s wake is bad news for US 1:11 PM 1:16 PM ] Iranian President Hassan Rouhani and China’s President Xi Jinping attend a meeting in Shanghai on May 22, 2014. (Photo by AFP)

China is already Iran’s top trade partner and oil client, but its signing of a 25-year strategic partnership agreement on Saturday has put US sanctions on the verge of collapse, global observers say.…

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