U.S. Targets Chinese Refinery And Tanker Fleet In Escalation of Iran Oil Sanctions Ahead of Trump–Xi Talks
The Trump administration has announced sweeping economic sanctions against a major Chinese oil refinery and around 40 shipping companies and tankers accused of transporting Iranian oil.The decision, revealed on Friday and first reported by the Associated Press, follows through on Washington’s threat to impose secondary sanctions on entities that continue to do business with Iran. It forms part of