US Sanctions Chinese Refinery For Importing Iranian Oil

The United States has imposed sanctions on Shandong Shengxing Chemical Co., Ltd, a China-based independent "teapot" refinery, for purchasing more than a billion dollars' worth of Iranian crude oil. Shandong Shengxing is an independent teapot refinery in Shandong Province that has received dozens of shipments of Iranian crude oil from shadow fleet vessels, some of which have been sanctioned for th

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