The sanctioned refinery in China's Shandong province received dozens of shipments of crude oil from Iran worth more than $1 billion, the Trump administration said. Some of the petroleum came from ...

The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader US crackdown on companies and vessels skirting US sanctions.

In a fresh crackdown on Iran's oil trade, the US Treasury Department on Wednesday announced sweeping sanctions against a Chinese refinery accused of buying more than USD 1 billion worth of Iranian ...