An Iranian cleric walks past an anti-US mural

How To Squeeze Iran Financially. Is US Taking Aim At Chinese 'Teapot' Entities

Trump's latest move may involve targeting independent Chinese refineries, known as "teapots." Teapots account for a quarter of Chinese refinery capacity. China accounts for more than 80% of Iran's ​shipped oil and teapots absorb much of this trade. Hence the probability of such steps by Washington are on the cards.
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