Tag: teapot refineries
China’s Major Banks Freeze Loans to Iran-Linked Refineries as US Sanctions Bite
China's financial regulators have quietly instructed the country's largest state banks to stop extending...
US Treasury Sanctions Major Chinese Oil Refinery and 40 Shipping Firms Tied to Iran’s Shadow Fleet
According to an April 24 press release, the Treasury Department's Office of Foreign Assets Control sanctioned...
How China Helps Iran Evade Sanctions and Fund Its War Machine
The CCP has dramatically expanded its purchases of Iranian crude. China is now Iran's only significant...