Can China use its Huge Economy to Break US Iran Sanctions?
🔴 Tension RisingInformed Comment2026-05-09
China has invoked its Blocking Rules for the first time, barring five Chinese refineries from U.S. sanctions targeting Iranian crude purchases. This marks a direct response to Washington's efforts to curb Chinese refiners' access to Iranian oil. China continues to be a dominant buyer of Iranian crude, highlighting the intersection of energy security, sanctions evasion, and great-power rivalry.