The United States imposes sanctions on a Chinese refinery of Iranian oil, its latest pressure against Tehran despite ongoing talks on a nuclear deal.
The Treasury Department says it’s targeting Hebei Xinhai Chemical Group and three port terminal operators in Shandong province which it said had been involved in handling hundreds of millions of dollars worth of Iranian oil.
“The United States remains resolved to intensify pressure on all elements of Iran’s oil supply chain to prevent the regime from generating revenue to further its destabilizing agenda,” Treasury Secretary Scott Bessent says in a statement.
The State Department says it was the third US action against a so-called teapot, or small-scale, refinery in China since early February when President Donald Trump issued an order to increase pressure on Iran.
Trump, however, has also said that he is acting reluctantly and that he is hopeful for a deal on Iran’s nuclear program that averts a threatened Israeli military strike.
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From the Liveblog of
Thursday, May 8, 2025
