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persian-gulf-conflict

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U.S. Imposes Sanctions on Chinese Refinery and Shippers Over Iranian Oil TradeAbc News
finance9 hrs ago

U.S. Imposes Sanctions on Chinese Refinery and Shippers Over Iranian Oil Trade

The Trump administration announced sanctions on Hengli Petrochemical, a major Chinese oil refinery, and approximately 40 shipping companies and tankers for involvement in transporting Iranian oil. The measures target Iran's oil revenue amid ongoing conflict in the Persian Gulf. T…

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