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energy-financing

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China Tells Banks to Pause New Loans to Five Refiners Linked to Iranian Oilthehindu.com
world22 days agoDeveloping

China Tells Banks to Pause New Loans to Five Refiners Linked to Iranian Oil

Beijing has directed its major banks to temporarily stop extending new loans to five refiners sanctioned by the United States over their links to Iranian oil. The move, reported exclusively by Bloomberg, represents a tightening of compliance with Western sanctions on energy trade…

Bloomberg
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