China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers
May 4, 2026China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers | OilPrice.com
In a major escalation of trade tensions between Washington and Beijing, China’s Ministry of Commerce (MOFCOM) has formally invoked its 2021 Blocking Rules for the first time to counteract U.S.
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