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

Ministry of Commerce says sanctions against refineries accused of importing Iranian oil violate international law.

Chairman Xi Jinping is due to meet President Donald Trump for personal talks in the coming days. And a lot has changed since ...

It listed three Iran-based individuals and nine companies based in Hong Kong and the UAE, as being subject to the new sanctions. Read more at straitstimes.com. Read more at straitstimes.com.

The United States has imposed fresh sanctions on 12 people and companies accused of helping Iran’s Revolutionary Guard sell and ship oil to China.

The Treasury Department warned it would target those doing business with Chinese "teapot refineries," which handle Iranian crude.

China’s Commerce Ministry reportedly issued a directive on Sunday invoking a 2021 “blocking statute” that bars Chinese firms from complying with foreign sanctions Beijing considers illegitimate.

China has invoked its “Blocking Rules” for the first time to counter US sanctions, marking a shift from rhetoric to enforcement, leaving companies caught between conflicting legal systems.

China’s ministry of commerce said on Saturday it had issued an injunction to block US sanctions imposed on five Chinese refiners accused of buying Iranian oil, according to state news agency Xinhua.

The move specifically protects five major Chinese petrochemical firms recently targeted by Washington for their alleged involvement in the Iranian oil trade.

China's commerce ministry on Saturday expressed "firm opposition" to ​the European Union's inclusion ‌of Chinese entities in its 20th round of sanctions against Russia, ​demanding their immediate ...