Iran war: How Trump sanctions on China’s private refiner may have collateral damage beyond oil

Until now, the United States had largely focused its efforts on smaller Chinese companies and facilities in an attempt to curb Iran’s oil revenues, partly to avoid broader economic and diplomatic consequences.

Apr 27, 2026 - 15:30
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Iran war: How Trump sanctions on China’s private refiner may have collateral damage beyond oil
Until now, the United States had largely focused its efforts on smaller Chinese companies and facilities in an attempt to curb Iran’s oil revenues, partly to avoid broader economic and diplomatic consequences.

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