China blocks US sanctions on five 'teapot' refineries over Iran oil trade

🔴 Tension Rising The Business Standard 2026-05-03
China has blocked US sanctions on five 'teapot' refineries to circumvent sanctions related to Iran's oil trade. This action escalates tensions between Beijing and Washington over energy trade and international law. China argues that the US sanctions violate international law and protect its sovereignty.
경제제재석유제재미이란외교중동안보유가영향
Source: The Business Standard (tbsnews.net)
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