China blocks U.S. sanctions on five 'teapot' refineries over Iran oil dispute
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday (20 March) in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli war with Iran.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
U.S. Treasury and State Department officials held talks on Thursday in Washington with Syrian Foreign Minister Asaad Hassan al-Shaibani, the Treasury Department announced.
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