Oil’s Wild Waltz: China’s Sanction Samba Sends Prices Soaring!
The chosen ones-Hengli Petrochemical, Shandong Jincheng, Hebei Xinhai, Shouguang Luqing, and Shandong Shengxing-now stand shielded from the American eagle’s talons. MOFCOM, with a hauteur befitting a Balzacian protagonist, declared the sanctions a violation of international law, a farce unworthy of compliance. Ah, the irony! The very law that was meant to bind now unravels at the seams.
