China Invokes First-Ever ‘Blocking Order’ Against US Sanctions on Firms Buying Iranian Oil

🔴 Tension Rising English Bombay Samachar 2026-05-03
China has invoked its first-ever ‘blocking order’ against US sanctions targeting firms buying Iranian oil, escalating trade tensions between Washington and Beijing. China is a key buyer of Iranian crude, relying on discounted oil through independent refineries. This move comes amid heightened tensions in the Middle East and stalled negotiations between the US and Iran.
경제제재석유제재미이란외교중동안보JCPOA
Source: English Bombay Samachar (english.bombaysamachar.com)
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