BEIJING—The U.S. is intensifying efforts to cut off Iran’s most vital financial lifeline—its secretive oil trade with China—by turning up the heat on a business ecosystem that grew from modest ...

These teapot refineries have been keeping the Chinese economy stable with imported Iranian and Russian oil, while big Chinese oil firms like Sinopec push for permission to draw on the country’s ...

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

China’s independent refiners are reducing production as weak demand, soaring crude prices, and disruptions in the Strait of ...

Welcome to our guide to the commodities driving the global economy. Today, China-based reporter Dan Murtaugh describes how the country’s teapot refiners are withstanding the current energy crisis.

WASHINGTON (Reuters) - U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil refinery and port terminal operators in China for ...

U.S. sanctions on Iran are being effectively neutralized as they run up against China's private refiners. The so‑called "teapot" small and midsize private refiners in China are absorbing Iranian crude ...

The move underscores US eagerness to push Iran to the war's negotiating table at all costs. Read more at straitstimes.com. Read more at straitstimes.com.