US sanctions Chinese refinery and ports in crackdown on Iranian oil trade

Sanctions signal growing US resolve to choke off Iran’s oil revenue and exposes key nodes of Chinese involvement in circumventing sanctions

US Treasury Secretary, Scott Bessent.
US Treasury Secretary, Scott Bessent.Photo: REUTERS/SCANPIX
Published 9 May 2025, 09:07Updated 9 May 2025, 09:07
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