About 1,300 air shipments containing drone and missile components were sent from China to Iran during the first half of the year, according to customs data cited by The Wall Street Journal. The shipments include dual-use electronics that can support drone production and missile guidance systems, underscoring China’s continuing support for Iran. The report comes as China’s leader Xi Jinping visits President Trump in Washington for talks on trade, artificial intelligence and Taiwan, after China promoted its role in easing tensions during a temporary U.S.-Iran truce. The broader conflict later resumed following the collapse of a ceasefire and a subsequent Memorandum of Understanding in April 2026. Prediction-market pricing puts the probability of a full Iranian airspace closure at 23.5% by Dec. 31, while the Sept. 30 checkpoint is priced at 3% YES. Traders are watching Iranian aviation notices, official statements and military or diplomatic developments that could affect the market.