After US Sanctions, Beijing Orders 'Firewall' Around Firms Trading In Iranian Crude

🔴 Tension Rising The Times of India 2026-05-03
Following US sanctions, Beijing has ordered a ‘firewall’ around companies trading in Iranian crude, indicating a response to the sanctions. This suggests China’s strategy to circumvent international sanctions on Iran’s oil exports. This move could impact US-China relations and the global energy market.
경제제재석유제재미이란외교중국 외교 정책이란 원유 수출
Source: The Times of India (timesofindia.indiatimes.com)
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