China Blocks US Sanctions on Five Independent Refiners
🔴 Tension RisingIndia News Network2026-05-03
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.