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China defends Iranian oil imports

first_img Think Tank analyzes the second round of Democratic debates Natural spring cleaning tips and tricks for your home Comments   Share   That leaves China alone among major importers of Iranian oil without a U.S. waiver. It has until June 28 to reduce its consumption of Iranian oil or face the penalties, unless it receives a national security waiver.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) Top Stories Parents, stop beating yourself up New high school in Mesa lets students pick career pathscenter_img Sponsored Stories Quick workouts for men BEIJING (AP) – China is defending its Iranian oil imports but not saying whether it would be willing to reduce them to avoid U.S. sanctions against Chinese banks as part of Washington’s financial squeeze on Iran.Foreign Ministry spokesman Liu Weimin said Tuesday that Beijing remains opposed to unilateral sanctions and has communicated its position to Washington.The Obama administration on Monday exempted India and six other governments from U.S. economic sanctions after they significantly reduced their imports of Iranian oil. More Valley freeways to be closed this weekend for improvements Meghan McCain to release audiobook on conservatism, familylast_img read more