China's Iran Stance: The Complications For Soybean Trade
StoneXChina confirmed purchases of 712,000 tons of U.S. soybeans through flash sales over the past week. However, a new package of sanctions against Iran that extends to anyone supporting Iran drew an immediate response from Beijing warning against interference in that relationship. Bertrand Oesterle, StoneX VP of Clearing & Execution Sales, breaks down the complications of the economic and political outcomes in the related video.