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TEAPOT REFINERY
China confirms Trump's visit from May 13 to 15President Donald Trump is set to visit China from May 13 to 15 at the invitation of President Xi Jinping. The US leader's agenda includes d...
US imposes sanctions on companies it accuses of aiding Iran's weapons sectorThe U.S. Treasury imposed sanctions on 10 individuals and companies, including several in China and Hong Kong, for aiding Iran's weapons an...
Tehran could withstand blockade for four months, CIA report shows, as fighting flaresU.S. and Iran's efforts to end their conflict stall amid renewed clashes in the Gulf. A U.S. intelligence assessment suggests Iran can with...
Iran war: US imposes sanctions on 10 individuals, companies from China, Hong Kong over helping Tehran to build Shahed drones, ballistic missiles. Check full list of firmsIran war: U.S. Treasury said it remained ready to take economic action against Iran's military industrial base to prevent Tehran from recon...
Iran-U.S war ending, Strait of Hormuz to reopen on Saturday? Details hereWashington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unli...
How long before Iran breaks under crushing US pressure?Iran and the US face a prolonged standoff. The US is intensifying economic pressure on Iran's economy. Iran indicates it can withstand the ...
China's Commerce Ministry blocks US sanctions against five refineriesChina's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran...
Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
China's teapots seek Iranian oil after prices fall, sources sayChinese refiners are seeking Iranian crude oil. This comes after oil prices dropped significantly. Beijing has provided new import quotas t...
China's heavy reliance on Iranian oil imports & challenge amid Mideast warChina, a major buyer of Iranian oil, faces new challenges. A U.S. sanctions waiver on Iranian oil means increased competition and higher pr...
Asian oil refiners could cut run rates on Hormuz Strait logjamStrait of Hormuz: About a fifth of the world’s oil passes through the vital waterway, and the passage of ships has slowed dramatically sinc...
US imposes sanctions on China refinery, others for Iran oil purchasesThe U.S. has imposed its fourth round of sanctions targeting Iran's oil and petrochemical trade, this time including a Chinese independent ...
Will US sanction relief to Iran crush China's 'teapot' oil refineries, upset global oil markets?A potential lifting of U.S. sanctions on Iran's oil exports threatens Chinese independent refineries reliant on discounted Iranian crude, p...
Oil prices fall as progress in US-Iran talks eases supply concernsOil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a p...
US issues new sanctions targeting Chinese importers of Iranian oilThe U.S. has intensified pressure on Iran by imposing new sanctions targeting its oil exports, including a China-based refinery. This actio...
US targets China oil storage terminal in new Iran-related sanctionsThe Trump administration imposed sanctions on Iranian oil trading networks, including a China-based crude oil storage terminal, just before...
US sanctions Houthi-linked China oil refineryThe United States has imposed sanctions on a China-based refinery for purchasing $500 million worth of Iranian oil. The oil was reportedly ...
China's teapots crank back to life, aided by cheap Russian oilTeapot purchases fell more than 31% in January-May from the same period a year prior, showed data from analytics firm Kpler, as COVID-19 co...
Asia catapults to top spot as America's biggest crude buyerChina took in Asia’s largest share ofUS oil.
China's oil buying rules loosened amid record importsThe government announced new guidelines that opens the door to the direct purchase of crude on the international market by independent refi...