Tag: Chinese

  • U.S. Slams Sanctions on Chinese Refinery Over Iran Crude Deal

    U.S. Slams Sanctions on Chinese Refinery Over Iran Crude Deal

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    by

    Starnews NG
    in

    By Paul Joseph The United States has imposed fresh sanctions on a major Chinese “teapot” refinery, Hengli Petrochemical (Dalian) Refinery Co., Ltd., for allegedly purchasing Iranian crude oil, in a move aimed at tightening pressure on Tehran’s key revenue streams. The action, announced by the U.S. Department of the Treasury, forms part of Washington’s broader…