In "Watershed Moment" China Orders Companies To Defy US Sanctions
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Source: Zero Hedge
Published: 2026-05-04 13:37 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Iran, Energy, China, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
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