US sanctions Chinese refinery over Iranian oil purchases

NEWS SUMMARY

The US Treasury sanctioned Chinese refinery Hengli Petrochemical (Dalian) and related shipping entities for purchasing Iranian oil. This action, ahead of renewed talks, aims to increase pressure on Tehran's energy exports despite China's criticism of unilateral sanctions.

Full BriefGenerated 0m ago

The Trump administration has imposed fresh sanctions on a Chinese refinery accused of buying large volumes of Iranian oil, as Washington and Tehran prepare for another round of talks. The US Treasury said it targeted Hengli Petrochemical (Dalian), describing it as a major buyer of Iranian crude and petroleum products.

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