U.S. sanctions Chinese refinery importing Iranian oil

U.S. Slaps More Sanctions on Iran’s Oil Industry

The U.S. has imposed new sanctions on Iran's oil industry, targeting a Chinese refiner for purchasing Iranian crude.

US Imposes Sanctions On A Chinese Refinery Accused Of Buying Iranian Oil

The Treasury Department imposed sanctions Wednesday on a Chinese refinery accused of purchasing more than $1 billion worth of Iranian oil, saying the proceeds help finance both Tehran’s government and Iran’s support for militant groups. The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Some of the petroleum came from a front company …

Treasury Department Sanctions Chinese Refinery Accused of Buying More Than $1 Billion Worth of Iranian Oil - The Thinking Conservative

Trump's Treasury Dept sanctioned China-based refinery purchasing billion worth of Iranian oil as part of “campaign of maximum economic pressure” on Tehran. The post Treasury Department Sanctions Chinese Refinery Accused of Buying More Than $1 Billion Worth of Iranian Oil appeared first on The Thinking Conservative.

Treasury Department Sanctions Chinese Refinery Accused of Buying More Than $1 Billion Worth of Iranian Oil

The Treasury Department unveiled new sanctions on April 16 against a China-based refinery accused of purchasing more than $1 billion worth of Iranian oil—the latest move by the Trump administration as part of its “campaign of maximum economic pressure” on Tehran. The department’s Office of Foreign Assets Control (OFAC) sanctioned independent “teapot” refinery Shandong Shengxing Chemical Co. Ltd., based in Shandong Province, China. Officials said…

US sanctions Chinese refinery over Iran oil trade ahead of second round of nuclear talks

The US imposed new sanctions on a Chinese refinery on 17 April, accusing it of purchasing more than $1 billion worth of Iranian oil, allegedly funding Tehran’s government and its regional allies. The move comes as Iran’s oil exports hit record highs, and nuclear negotiations between Washington and Tehran are set to continue in Rome this weekend.

US sanctions small Chinese refinery, Iranian shadow fleet

“The president is committed to driving Iran’s illicit oil exports, including to China, to zero,” the State Department stated. By Mike Wagenheim, JNS Ahead of a second round of nuclear pact talks with Iran, the Trump administration levied more sanctions on Iran’s oil network on Wednesday. The US State and Treasury Departments announced the designation of a Chinese “teapot” refinery, which purchased more than $1 billion of Iranian crude oil, accor…