China’s small independent oil refineries, known as teapots, have been thriving by processing discounted Iranian crude despite ...

WASHINGTON (Reuters) - U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese ...

The exact origins of the teapot are shrouded in mystery, adding to its allure. It is generally believed to have been invented during the Ming dynasty in China, a period when drinking tea became an ...

VLCCs are revelling in rising Chinese oil demand. Rates for the largest crude tankers rose again on Tuesday, with Clarksons’ fleet weighted average hitting $59,700 per day, up 1.4% day on day ...

Since taking office in January, Trump has ratcheted pressure on Iran and has for the first time sanctioned Chinese "teapot" refineries - small, independent plants - that process Iranian crude oil ...

It is undoubtedly the source of the most coveted Chinese teapots. The mountains in the south-east of Yixing are rich with unique argil, a clay called “Zisha”. Translated into English ...