China oil trade News
Latest articles and news about China oil trade on AXL Media.
Latest Articles
- Trump Administration Sanctions Major Chinese Refinery Hengli Petrochemical in Escalating Campaign Against Iranian Oil Trade
Published: Apr 30, 2026
Section: Middle East
On Friday, April 24, 2026, the U.S. Treasury Department sanctioned Hengli Petrochemical (Dalian) Refinery Co., Ltd., China's second-largest independent refiner, for purchasing bill...
- Rising global oil prices following strikes on Iran provide unexpected fiscal relief for Moscow war chest.
Published: Mar 3, 2026
Section: Europe
The escalation of military conflict in the Middle East has inadvertently stabilized the Russian Federation's federal budget by driving global crude prices toward the Kremlin's targ...