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Iran, China and Oil

Newsweek on MSN · 1d

US Targets China's 'Teapot' Oil Refiners to Choke Iran

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that supply oil.

Reuters on MSN · 1d

US slaps Iran-related sanctions on oil tankers, China 'teapot' refinery

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a Chinese "teapot refinery" processing the crude.

Conflict Watcher on MSN · 1d

US sanctions on Chinese petrochemical giant hit Iran oil ties

The USA has imposed sanctions on the Chinese company Shandong Shouguang Luqing Petrochemical for purchasing Iranian oil, in violation of American restrictions. This marks the first such action against China and may impact the supply of Russian oil.

Sinopec Engineering stock falls 7% as state directives spark jitters

HONG KONG -- The Hong Kong-listed shares of Sinopec Engineering Group closed down 6.9% on Monday after plunging as much as ...

2d

South Korean Plastics Giants Struggle as China Becomes a Rival

South Korean chemicals companies are racing to tap new markets after racking up hundreds of millions of dollars in losses in ...

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