
China Blocks US Sanctions on Five Chinese Firms Over Alleged Iran Oil Ties

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China's Ministry of Commerce has issued a ban against U.S. sanctions on five Chinese firms accused of involvement in Iranian oil transactions. The companies affected include Hengli Petrochemical and Shandong Jincheng Petrochemical Group. The U.S. sanctions, which include asset freezes and transaction bans, are deemed by China as violations of international law. The ministry's spokesperson emphasized the need to protect national interests and oppose unilateral sanctions lacking UN authorization. The ban aims to safeguard normal economic activities and will not affect China's international obligations.
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