US targets Chinese companies over drone components used by Hamas, Houthis
The US Treasury sanctioned over 50 entities linked to Iran’s oil exports, targeting shadow fleet vessels, terminals, and refineries to disrupt billions in revenue funding Tehran’s activities.
- The U.S. has sanctioned over 50 entities and individuals, including two Indian nationals, for aiding Iranian energy sales, according to the U.S. Treasury Department's Office of Foreign Assets Control on October 9, 2025.
- The sanctioned individuals are Varun Pula and Soniya Shrestha, linked to vessels transporting Iranian liquefied petroleum gas to China and Pakistan.
- The sanctions aim to degrade Iran's cash flow by targeting the country's energy export machine.
- All property and interests of those sanctioned within the U.S. will be blocked and must be reported to OFAC, according to the U.S. statement.
118 Articles
118 Articles
China Vows to Protect Its Firms amid Fresh US Oil Sanctions Barrage
China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on Thursday a new sanctions package on Chinese entities for importing crude oil from Iran. The U.S. Treasury on Thursday blacklisted around 100 individuals, vessels, and companies—including China’s Shandong Jincheng Petrochemical Group, a Shandong teapot refinery accused of buying millions of barrels of Iranian crude since 2023. Also sanctione…
US Imposes Sanctions on China Refinery, Others for Iran Oil Purchases
The US imposed sanctions on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran's oil and petrochemicals trade, the administration of President Donald Trump said on Thursday. The Treasury Department sanctioned the Shandong Jincheng Petrochemical Group, which it said is an independent teapot refinery in Shandong Province that has purchased millions of barrels of Iranian oil since 20…

US imposes sanctions on China refinery, others for Iran oil purchases
WASHINGTON: The United States imposed sanctions on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran's oil and petrochemicals trade, the administration of President Donald Trump said on Thursday.
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