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But Iran’s proposal didn’t seem to get the direct endorsement of the group, a regional security body whose 10 members include close partners China and Russia, but also rivals India and Pakistan.

Treasury Secretary Scott Bessent said China’s dependence on Iranian and Russian oil is a key issue in upcoming trade talks.

But Iran’s proposal didn’t seem to get the direct endorsement of the group, a regional security body whose 10 members include close partners China and Russia, but also rivals India and Pakistan.