China defies US, ignores sanctions on Iran-linked refineries
🔴 Tension RisingIDNFinancials2026-05-03
China has defied US sanctions on Iranian-linked refineries, stating it will not recognize or enforce the measures, citing violations of international law and national sovereignty. The move highlights ongoing tensions between the US and China regarding Iran's oil exports. Chinese teapot refineries, crucial for securing oil supplies, are facing challenges due to US sanctions.