Home / General / Explainer-US Sanctions on China’s Hengli Mark Escalation in Iran Oil Crackdown

Explainer-US Sanctions on China’s Hengli Mark Escalation in Iran Oil Crackdown

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SINGAPORE, April 29 (Reuters) – The U.S. Treasury imposed sanctions on China’s Hengli Petrochemical (Dalian) Refinery ⁠on ⁠Friday, accusing it of buying billions of dollars ⁠in Iranian oil, in a significant escalation of Washington’s long-running eff… [3659 chars]

Source: U.S. News & World Report | Published: 2026-04-29T10:44:00Z

Credit: U.S. News & World Report

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