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U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil

  • Posted on April 29, 2026
  • By CNBC
  • 1 Views
  • 1 min read
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil

The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.
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Author
CNBC

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