📰 **U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil**

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

🔗 https://www.cnbc.com/2026/04/29/us-treasury-warns-sanctions-china-refineries-iran-oil-malaysian-blend.html

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