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Ongoing Story — 594 related articlesUS Imposes Sanctions on China-Based Oil Refinery Over Iranian Oil Trade
The United States has imposed sanctions on a China-based oil refinery and forty shippers involved in the transport of Iranian oil. This action targets the shadow trade network that undermines the U.S. blockade of the Strait of Hormuz and supports Iran's war economy. The move signals intensified pressure on Beijing to cease facilitating Tehran's illicit energy exports.
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