How independent Chinese oil refiners defy US sanctions on Iran

How independent Chinese oil refiners defy US sanctions on Iran

Known as "teapot" refineries, some smaller Chinese oil companies buy Iranian oil despite US sanctions. But their business model, based on buying the oil at a steep discount, is now coming under mounting pressure.


User: DW (English)

Views: 153

Uploaded: 2025-07-23

Duration: 03:03

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