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Tag: China rejects U.S. sanctions

China rejects U.S. sanctions on refineries over Iran oil links

Posted on May 2, 2026 By admin
China rejects U.S. sanctions on refineries over Iran oil links

China is a key customer for Iranian oil, mainly through independent “teapot” refineries that rely on discounted crude from the Islamic republic. | Photo Credit: Reuters China will not comply with U.S. sanctions against five firms targeted for purchasing Iranian oil, Beijing’s Commerce Ministry said on Saturday (May 2, 2026). China is a key customer…

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