Iran Oil

US Sanctions Five Chinese Companies Over Iran Oil Trade, China Issues Blocking Order

The United States has imposed sanctions on five Chinese companies involved in Iranian oil trade as part of its pressure campaign on Iran. China’s Ministry of Commerce responded with a blocking order, directing Chinese firms not to recognize, implement, or comply with US sanctions.

China Refuses to Enforce US Sanctions on Five Teapot Refineries

China’s Ministry of Commerce declares US sanctions against five ’teapot’ refineries violate international law, escalating Sino-US tensions over Iranian oil imports.

U.S. Sanctions Chinese Independent Refinery for Buying Iranian Oil

The Trump administration sanctioned Hengli Petrochemical’s independent refinery in China for purchasing billions of dollars worth of Iranian oil, alongside sanctions on approximately 40 shipping companies operating in Iran’s shadow fleet.