U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil

U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil

Summary

The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.

Description

The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.

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