Agent Trial
Prediction Markets AI Agent Context Fastest News API Agent Trial Log In Sign Up
News Wire / economy

US Sanctions Target Chinese Refineries Linked To Iranian Oil

developing Al Jazeera Arabic Tehran 13d11d Impact 10
Washington has imposed direct sanctions on Chinese companies and the Al-Shal refineries to bypass traditional banking systems. These refineries are reportedly responsible for purchasing between 80% and 90% of Iranian oil exports. The volume of these purchases is estimated to be between 1.4 million and 1.5 million barrels. The sanctions aim to disrupt the flow of Iranian oil through these specific entities. Washington has imposed direct sanctions on the Chinese Hengli refinery and the Abariq al-Shal refinery. These facilities are identified as part of the shadow fleet that handles the majority of Iranian oil exports. Data indicates these specific refineries are key points in the movement of Iranian petroleum products. The Ministry of Commerce spokesperson announced on May 2nd that the United States has implemented sanctions against five Chinese companies.

Topics

sanctions oil Iran China

Developing

  1. 863d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 863d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 863d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 863d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

Al Jazeera Arabic

“Washington has imposed direct sanctions on Chinese companies and the so-called Al-Shal refineries, which are responsible for the majority of Iranian oil exports.”

Al Jazeera Arabic Voice

“واشنطن فردت عقوبات مباشرة على مصفات هنغلي الصينية وعلى ما يسمى بمصاف أباريق الشال وهي مصاف المستخلة تستحوذ على غالبية صادرات النفط الإيراني”

CRI News Radio

“商业部新闻发言人,2号,就执行美国对五家中国企业实施伊朗石油制裁措施。回答。”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade