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Chinese 'teapot' refinery
Independent refinery
2
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Jul 10, 2026
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News
Iran's Oil Exports Decline as Chinese Refineries Seek Alternatives in the Middle East
Iran's oil exports are facing challenges as Chinese refiners, known as teapots, are shifting their focus to alternative Middle Eastern suppliers. This change in demand…
Jun 20, 2026
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News
U.S. Treasury Secretary Meets with 16 Global Banks and Organizations to 'Reduce Iran's Oil Exports'
U.S. Treasury Secretary Scott Busent met with representatives from 16 banks and law enforcement agencies to discuss intensifying sanctions against Iran, particularly targeting its oil…