BREAKING NEWS: China Issues Injunction Blocking U.S. Sanctions on Five Refiners Over Iranian Oil Imports

According to Al-Jazeera, China’s Ministry of Commerce has issued a formal injunction blocking U.S. sanctions imposed on five Chinese companies accused of purchasing Iranian oil, escalating tensions between Washington and Beijing amid the ongoing Iran conflict.

According to state news agency Xinhua, the ministry named the affected firms as Hengli Petrochemical (Dalian) Refinery and four independent “teapot” refineries: Shandong Jincheng Petrochemical Group, Hebei Xinhai Chemical Group, Shouguang Luqing Petrochemical, and Shandong Shengxing Chemical...Read The Complete; Full Original Here.