China Blocks US Sanctions on Five Independent Refiners

🔴 Tension Rising India News Network 2026-05-03
China has blocked U.S. sanctions on five Chinese refiners accused of importing oil from Iran. This action is framed by China as a rejection of U.S. unilateral sanctions and a defense of its national sovereignty. The move raises concerns about the potential disruption of oil supplies to China and highlights ongoing tensions between the U.S. and China regarding sanctions policy.
경제제재석유제재미이란외교중동 에너지 시장제재완화
Source: India News Network (indianewsnetwork.com)
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