Live Update
From the Liveblog of
Monday, July 22, 2019
US sanctions Chinese oil trader for importing Iranian crude
WASHINGTON — The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of State Mike Pompeo announces today.
“As part of that maximum pressure campaign, I am announcing that the United States is imposing sanctions on the Chinese entity Zhuhai Zhenrong and its chief executive Youmin Li, Pompeo says in a speech.
“They violated US law by accepting crude oil,” he says.
— AFP