US issues new sanctions targeting Chinese importers of Iranian oil

Cristiana Gigina

WASHINGTON: The United States on Wednesday (Apr 16) issued new sanctions targeting Iran's oil exports, including against a China-based "teapot" oil refinery , as President Donald Trump's administration seeks to ramp up pressure on Tehran. "Teapot" is an industry term for small independent oil refiners. The US Treasury Department said in a statement that the action would increase pressure on Chinese importers of Iranian oil as Trump seeks to restore his "maximum pressure" campaign on Iran, which

Tag-uri: Donald Trump

US issues new sanctions targeting Chinese importers of Iranian oil https://www.channelnewsasia.com - 16.04.2025 23:07

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US issues new sanctions targeting Chinese importers of Iranian oil https://www.channelnewsasia.com - 16.04.2025 23:07