US sanctions China-based oil terminal over Iran trade

<article data-history-node-id="439421" about="https://www.middleeasteye.net/live-blog/live-blog-update/us-sanctions-china-based-oil-terminal-over-iran-trade" class="live-blog-update default clearfix"> <h2> <a href="https://www.middleeasteye.net/live-blog/live-blog-update/us-sanctions-china-based-oil-terminal-over-iran-trade" rel="bookmark"> <span class="field field-title">US sanctions China-based oil terminal over Iran trade</span> </a> </h2> <div class="content"> <div class="field field-field-text"><p>The US Department of State said it has imposed sanctions on multiple entities, an individual and a vessel involved in the trade of Iran’s petroleum and petrochemical products.</p> <p>Among those targeted is Qingdao Haiye Oil Terminal Co Ltd, which US officials said imported large volumes of Iranian crude through alleged sanctions-evasion practices.</p> <p>The move drew criticism from China, with embassy spokesperson Liu Pengyu saying Beijing opposes “unilateral sanctions and long-arm jurisdiction” without basis in international law.</p> <p>The United States has also sanctioned refineries and shipping firms it says are involved in the Iranian oil trade, expanding pressure on Tehran’s energy exports.</p> </div> </div> </article>