China | Geo Economics | Iran | United States
China Blocks U.S. Sanctions on Teapot Refineries: What It Means for Global Oil Trade
(By Faraz Ahmed)______________________________ China activated its Blocking Rules for the first time on May 2, 2026, ordering companies to ignore U.S. sanctions targeting independent “teapot” refineries buying Iranian oil. Here’s how this challenges American sanctions power and reshapes global energy markets. What Are Teapot Refineries and Why Do They Matter? The first thing you notice…