Topic
Iran oil
2 stories related to this topic, newest first.
riotimesonline.compolitics2 days agoUpdated
China Blocks U.S. Sanctions on Iranian Oil Trade
China's Ministry of Commerce has directed its citizens and companies not to comply with specific U.S. sanctions on trade with Iran. The order targets designations of five Chinese refiners and comes days before President Trump's meeting with Chairman Xi Jinping in Beijing. It mark…
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Dietmar Rabich / Wikimedia (CC BY-SA 4.0)world2 days agoDeveloping
China Activates Blocking Rules in Response to U.S. Sanctions on Refineries
China issued a legal order declaring U.S. sanctions on five Chinese refineries null and void within its territory. The order prohibits Chinese companies from complying with the sanctions. This marks the first activation of China's Blocking Rules, established in 2021.
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