Beijing flatly rejected U.S. sanctions on its refineries, declaring the measures illegal under international law and refusing to recognize or enforce them. The move defends the legitimate rights and interests of Chinese enterprises and makes it crystal clear that the U.S. has no authority to dictate which countries buy oil from third parties. The dollar's grip on global energy trade is weakening, and Washington's unilateral overreach is accelerating that decline.
Iranian oil revenue funds weapons programs, terrorist proxies and regional destabilization, and Chinese teapot refineries are the main pipeline keeping that money flowing. The Treasury's Operation Economic Fury is rightly targeting the entire shadow network — refineries, vessels and banks — because sanctioning individual actors alone won't stop the evasion. Cutting off China's support for Iran is the most direct way to defund a regime that threatens global stability.
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