New US Sanctions on Sinopec Terminal Unlikely to Stop Flow of Iran–China Oil: Analysts
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2 Articles
New US Sanctions on Sinopec Terminal Unlikely to Stop Flow of Iran–China Oil: Analysts
The latest U.S. sanctions on Iranian crude oil exports have targeted a major Chinese state-owned terminal and a local refinery. Analysts say the tightened sanctions will make the import of Iranian crude oil more costly for the Chinese regime and prompt it to look for alternatives but won’t stop the regime from buying it. The U.S. Treasury Department imposed sanctions on Oct. 9 on about 100 individuals, entities, and ships that helped Iran’s trad…
The United States imposed sanctions against Chinese companies for buying Iranian oil: EADaily
EADaily, October 11th, 2025. The United States announced new sanctions against about 100 people, companies and vessels involved in the trade of Iranian oil and petrochemical products, including against an independent oil refinery in China and a marine terminal, Reuters reports.
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