CHINA FIGHTS BACK: BLOCKS US SANCTIONS ON IRANIAN OIL DEALERS
By Burnett Munthali China’s Commerce Ministry has issued a formal blocking order against US sanctions on five Chinese refineries accused of buying Iranian oil, citing violations of international law. The move targets Hengli Petrochemical, Shandong Jincheng Petrochemical Group, Hebei Xinhai Chemical Group, Shouguang Luqing Petrochemical, and Shandong Shengxing Chemical. The US had imposed sanctions on these “teapot” refineries, claiming they…
Read More