China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports

ReutersMay 7, 2026 1:01 AM

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May 6 (Reuters) - China's financial regulator has advised the country's largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the U.S. over their ties to Iranian oil, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Reuters could not immediately verify the report.

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