China Orders Firms to Defy US Sanctions on Iranian Oil

China orders firms to defy US sanctions on Iranian oil, risking penalties and shifting global energy and geopolitical power balances.

Key takeaways

• How China’s Defiance of US Sanctions on Iranian Oil Challenges Global Geopolitics
• China isn’t just ignoring US sanctions on Iranian oil refiners—it’s ordering its firms to openly defy them. That’s not just a bureaucratic workaround; it’s a deliberat...
• This move doesn’t just embolden Tehran—it recalibrates the balance of power. Iran, long isolated by Western sanctions, finds a lifeline. China, meanwhile, positions it...
• Quantifying the Impact: Data on Iranian Oil Exports and China’s Role in the Market

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