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Chinese companies are continuing to supply drone factories in Iran and Russia with dual-use goods such as engines, computer chips, fibre optic cables and gyroscopes, despite the US sanctions, WSJ reports

This development suggests a potential escalation in the geopolitical landscape, particularly as Chinese support for drone manufacturing in Iran and Russia could exacerbate tensions with the U.S.

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Chinese companies are continuing to supply drone factories in Iran and Russia with dual-use goods such as engines, computer chips, fibre optic cables and gyroscopes, despite the US sanctions, WSJ reports

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The implications for energy markets and the forex space, particularly in USD/EUR positioning, are significant, as it may contribute to heightened volatility if sanctions intensify or if there are retaliatory measures by the U.S.

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