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OFAC Sanctions Another Chinese Oil Refinery, Updates Maritime Industry Guidance

The Office of Foreign Assets Control sanctioned Chinese oil refinery Shandong Shengxing Chemical Co. Ltd. on April 16 for buying more than $1 billion worth of Iranian crude oil from "shadow fleet" vessels. OFAC also sanctioned...
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exportcompliancedaily.com broke the news in on Saturday, April 19, 2025.
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