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China Hedges Mideast Oil Bets Amid Iran Tensions

03:42
China appears to be rethinking its reliance on oil from Iran. Here, Chinese Premier Wen Jiabao (right) visits with the members of the Saudi Arabia-China Friendship Association on the outskirt of Riyadh, Saudi Arabia, earlier this month. (Xinhua /Landov)
China appears to be rethinking its reliance on oil from Iran. Here, Chinese Premier Wen Jiabao (right) visits with the members of the Saudi Arabia-China Friendship Association on the outskirt of Riyadh, Saudi Arabia, earlier this month. (Xinhua /Landov)

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