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Beijing orders China firms to ignore US refiner sanctions in rare sweeping ban

International
Published on 3 May 2026
Beijing orders China firms to ignore US refiner sanctions in rare sweeping ban

China blocks any action on US penalties

China’s commerce ministry says US sanctions on oil refiners illegally restrict normal trade with third countries and breach international norms. In an unusually direct step, Beijing issued an order barring companies from recognizing, enforcing, or complying with the penalties aimed at five firms. The move escalates friction over sanctions and cross-border energy trade.

  • China calls US refiner sanctions unlawful and against international norms
  • Beijing issued an order banning recognition or enforcement of the penalties
  • The sanctions target five Chinese-linked firms
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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