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Chinese oil refineries processing Iranian crude

5 Stark Truths About Chinese Oil Refineries Bankrolling Iran

Nova News6 months ago6 months ago09 mins

Introduction A few hundred miles from where Chinese leader Xi Jinping is preparing to host US President Donald Trump, a very different drama is playing out inside China’s giant oil hubs. Behind the scenes, a network of Chinese oil refineries has become one of Iran’s most important financial lifelines, buying large volumes of crude and…

Trump Seizes Oil Tanker Off Venezuela

Nova News11 months ago11 months ago010 mins

Introduction: Trump seizes oil tanker off Venezuela and again puts the country at the centre of global headlines. The tanker was taken by US forces near the Venezuelan coast as part of Washington’s pressure campaign on President Nicolas Maduro and his oil‑dependent government. Officials say the ship was already under sanctions and linked to previous…