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US Imposes Sanctions Targeting Iran's Oil Network in China

via The Hill·3h ago·3 sources

The Treasury Department announced new sanctions on a Chinese oil refinery and dozens of shipping firms with ties to Hong Kong. These measures aim to disrupt Iran's oil export network and weaken its financial capabilities. The sanctions represent a significant economic pressure tactic against the Iranian regime.

Read Full Story at The Hill

Coverage from 3 outlets

Reuters

US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil

AP News

US targets China's shadow trade with Iran in sweeping sanctions

WarsEconomy

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