China defies U.S. sanctions on refiners, putting banks in crosshairs
Source: SeekingAlpha
2026-05-04 03:03:16 ET
China has issued an injunction blocking U.S. sanctions on five domestic oil refiners accused of purchasing Iranian crude, marking a rare escalation in its response to Washington’s enforcement measures....
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China defies U.S. sanctions on refiners, putting banks in crosshairs
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