Trump hits China refinery Hengli with sanctions, targets 40 firms tied to Iran oil trade

by

The Trump administration imposed sanctions today on the Hengli Refinery in China as well as on 40 shipping firms and vessels involved in transporting Iranian oil.

Hengli, one of China’s largest independent refineries with a processing capacity of about 400,000 barrels per day, has purchased billions of dollars’ worth of Iranian crude oil and petroleum products since at least 2023.

The sanctions target Hengli as one of Iran’s largest customers, along with a network of shadow fleet vessels and companies facilitating the trade.

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.