US Sanctions Hit China's Teapot Refineries Amid Iran Oil Crackdown
The US intensifies efforts to halt Iran's oil exports, significantly impacting China's Shandong province. Here, so-called 'teapot' refineries, reliant on sanctioned oil due to lower costs, face mounting pressure. This report by Camille Nedelec explores the growing tensions and the challenges these refineries encounter under US sanctions. Discover the implications for global oil markets and the delicate balance of international trade relations.
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