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hengli-group
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middleeasteye.networld77 days ago
Hengli Group Restructures Ownership of Singapore Oil Trading Unit Following US Sanctions on Refining Arm
China’s Hengli Group has altered the ownership structure of its Singapore-based oil trading arm following U.S. sanctions on its refining unit. The changes were made in response to the sanctions, according to people with knowledge of the matter. This development highlights ongoing…