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SCOUT· 64%43m·2026-03-13·Money
SCOUT· 64%43m·2026-03-13·MoneyWhat War in Iran Means for China's Teapot Oil Refineries
Odd Lots
In the wake of the war in Iran, oil prices have shot up for everyone. But not all oil is exactly equal. And, obviously, a lot of Iranian oil goes to China specifically. Furthermore, because Iran’s oil is sanctioned, a lot of it winds up at China’s so-called “teapot” refineries, which tend to be smaller and owned by…
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