CAMEO+ eventECONOMIC2026-05-03🇨🇳
China blocks US sanctions on five firms over alleged Iran oil ties
source: China's Ministry of Commerce -> target: US sanctions on five Chinese companies
On 2026-05-03, China's Ministry of Commerce issued a blocking ban in Beijing prohibiting recognition, enforcement, or compliance with US sanctions on five Chinese firms over alleged Iranian petroleum transactions. The move was described as responding to US SDN designations, asset freezes, and transaction bans affecting the companies.
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BeijingEast AsiaChinaAsia39.904, 116.407
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