Skip to content
The Nexus
BUSINESSMay 4 · 11:46 UTCBLOOMBERGRong Wei Neo

US Oil Sanctions Push Beijing to Test Washington’s Limits

The US oil sanctions have led China to test Washington's limits, with China buying around 90% of Iran's oil exports, approximately 1.7 million barrels a day. This move is in response to the sanctions imposed by the US. The situation involves the petrochemical production base on the outskirts of Shanghai, China.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this