China’s smaller processors, known as teapots, typically opt for discounted crude from Iran and Russia, and often use fuel oil as a feedstock.

The US treasury department sanctioned an oil refinery in China, along with port terminal operators, vessels, companies and individuals — it accuses them of facilitating the Iranian crude trade ...

WASHINGTON - US President Donald Trump’s administration on May 8 imposed sanctions on a third Chinese independent – or “teapot” – oil refinery, and port terminal operators in China for ...

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 ...

Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S. sanctions and ...

SINGAPORE (Reuters) - Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that supply oil.

WASHINGTON: The US on Thursday (Mar 20) issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot," or independent refinery, and vessels that supplied ...

The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot", or independent refinery, and vessels that supplied crude oil to such ...