On September 24, Fox News aired an exclusive interview with Iranian President Masoud Pezeshkian, who stated in New York during the UN General Assembly that Iran's funds in China are restricted, making it impossible to even retrieve proceeds from goods exported to China, attributing this to U.S. pressure.
According to a Reuters report on September 10, Iran is using a barter-like arrangement to convert some of its oil revenue into credit for purchasing Chinese goods, bypassing international banking payment channels.