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US sanctions Chinese refinery, 40 other shippers for transporting Iranian oil
April 25, 2026
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Posted 2 hours ago by
As clouds of uncertainty continues to persist over a peace deal between the United States and Iran, the US has decided to impose sanctions on a China-based oil refinery and 40 other shipping companies for their alleged involvement in transport Iranian oil. The move comes just weeks before President Donald Trump's Beijing visit where he will meet his Chinese counterpart Xi Jinping.
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