See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Seven companies were hit with Chinese sanctions this week over U.S.

Beijing’s order blocking US sanctions on five oil refineries marks first invocation of 2021 law.

U.S. President Donald Trump said Friday that he will make a decision over the next few days about lifting sanctions on Chinese oil companies that buy Iranion oil.

BEIJING, May 4 (Reuters) - China has, for the first time, invoked a law targeting companies that comply with foreign sanctions it rejects, escalating a pushback against the U.S. blacklisting of ...

WASHINGTON, May 8 (Reuters) - The U.S. Treasury on Friday announced sanctions against 10 individuals and companies, including several in China and Hong Kong, over accusations they aided Iran's efforts ...

China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying a blocking measure introduced in 2021 that was aimed at ...