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Odd Lots — What War in Iran Means for China's Teapot Oil Refineries
Not scored yet43m·2026-03-13·Money

What 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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