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China blocks US sanctions on five refineries in Iran oil dispute
International
Published on 2 May 2026
US Treasury actions now stopped from being recognized
China’s Commerce Ministry has issued an injunction blocking U.S. sanctions against five Chinese oil refineries, including Hengli Petrochemical. The U.S. Treasury accused the firms of buying oil from Iran. China argues the measures violate international law and says the ruling prevents the U.S. from recognizing or implementing the sanctions.
- China blocks U.S. sanctions on five refineries
- Refiners were accused of purchasing oil from Iran
- China calls the sanctions a violation of international law
- The injunction bars U.S. recognition or implementation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times