China Shields Five Iran-Oil Refiners with First-Ever Blocking Order, 12 Days Before Trump Visit

🔴 Tension Rising SOFX 2026-05-04
China has issued a blocking order against five Iranian oil refineries in response to US sanctions, marking the first invocation of its 2021 Blocking Rules. This action directs Chinese entities to not comply with US sanctions, potentially impacting US-China relations ahead of President Trump's upcoming visit. China remains a major importer of Iranian oil.
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Source: SOFX (sofx.com)
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