US waivers on sanctions on Iranian oil will end on May 2. Photo: EPA-EFE

China protests over end to American waivers on Iranian oil imports

  • Beijing says normal energy cooperation is legal and Washington’s decision will add volatility to the market
Topic |   US-China relations

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US waivers on sanctions on Iranian oil will end on May 2. Photo: EPA-EFE
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US Secretary of State Mike Pompeo announces the end of sanction exemptions for the import of Iranian oil, starting May 1. Photo: Xinhua

China to be exposed to sanctions as US says it will end Iran oil import waivers on May 1

  • The move represents the Trump administration’s latest move to starve Iran of its main source of revenue
  • China is the world’s No 1 oil importer and a major buyer of Iranian oil
Topic |   Iran

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US Secretary of State Mike Pompeo announces the end of sanction exemptions for the import of Iranian oil, starting May 1. Photo: Xinhua
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