Beijing Tells China Firms to Ignore US Sanctions on Refiners
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Beijing Tells China Firms to Ignore US Sanctions on Refiners

May 2, 2026
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China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.

Beijing Tells China Firms to Ignore US Sanctions on Refiners
Bloomberg
Bloomberg

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