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US sanctions China-based operator, others over alleged Iran oil trade links

South China Morning Post 01 May 2026 3h ago
US sanctions China-based operator, others over alleged Iran oil trade links
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The United States on Friday announced fresh sanctions on entities and individuals it said were involved in trading Iranian petroleum, including a China-based oil terminal operator and a Chinese national, as it ramped up pressure on Tehran to end the conflict. The State Department said the operator, Qingdao Haiye Oil Terminal Co., Ltd, “imported tens of millions of barrels of sanctioned Iranian cru
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