The move marks a new episode in the mainly inflamed Sino-American conflict, which is a new development in relations between the two countries.
According to Reuters, China is the largest buyer of Iranian crude oil, with total imports in 2018 amounted to about 29.27 million tons, at 585.4 thousand barrels per day, accounting for about 6% of the total. China’s oil imports.
Washington has announced that all exemptions will expire by May 2019, causing prices to rise and putting pressure on importers to stop their imports from Iran altogether.
China was one of 8 global buyers who received exemptions for importing crude oil last November.
Chinese Foreign Ministry spokesman Geng Shuang said his country firmly opposes to the United States imposing unilateral sanctions.
Shuang added: The US decision will contribute to instability in the Middle East and the global energy market in general. Therefore, we urge the United States to take a responsible approach and play a constructive role, not the opposite.
He added that the natural cooperation of China and other countries in the energy field with Iran within the framework of international law is a legitimate and reasonable cooperation and must be respected.
Shuang said: China urges the American side to sincerely respect China's interests and concerns and not take any wrong steps that harm China's interests.
He stressed that China will continue to work to protect the legitimate rights of Chinese companies.
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