China has invoked a five-year-old legal instrument for the first time to block the enforcement of United States sanctions on five mainland “teapot” oil refiners, including the newly sanctioned Hengli Petrochemical (Dalian) Refinery, which was accused of buying Iranian crude despite US restrictions. Citing the Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and The post China invokes rules to blunt US sanctions on ‘teapot’ refiners appeared first on Asia Times.
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