China Condemns U.S. Sanctions on Refineries Over Iran Oil Ties

The U.S. Treasury Department sanctioned several Chinese oil refining companies, accusing them of facilitating Iran's oil exports in violation of U.S. sanctions. China's Commerce Ministry responded with a sharp condemnation, stating the sanctions 'improperly prohibit or restrict Chinese enterprises from conducting normal economic, trade and related activities with third countries... and violate international law and the basic norms governing international relations.' The sanctions come amid heightened geopolitical tensions over Iran's nuclear program and regional influence. The U.S. action is part of broader efforts to curb Iran's oil exports and pressure its economy. China, a major importer of Iranian oil, has long maintained that its companies operate within legal frameworks. The Chinese government has previously criticized U.S. sanctions as hypocritical, given its own trade practices. The sanctions have also raised concerns about the impact on global oil markets and the potential for further economic retaliation. The two countries have not yet engaged in direct diplomatic dialogue on the issue. The U.S. has not provided specific evidence of Chinese companies' involvement in Iran's oil trade, while China has not acknowledged the allegations. The situation remains a point of contention in the broader U.S.-China trade and security rivalry.