> The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins.

**China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained**

https://www.theguardian.com/world/2026/mar/30/china-teapot-refineries-crude-oil-iran-war

#China #Shandong #Iran

China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained

The factories, which buy cheap crude and turn it into fuel, are struggling as higher oil prices threaten their razor-sharp margins

The Guardian