US sanctions Chinese refinery over Iranian oil purchases

Trump administration targets Hengli Petrochemical and dozens of shadow fleet vessels ahead of US-Iran talks. | Contesto: cronaca

Punti chiave

• US sanctions Chinese refinery over Iranian oil purchases

Contesto

The Trump administration has imposed fresh sanctions on a major Chinese refinery accused of purchasing large volumes of Iranian oil, intensifying economic pressure on Tehran just as Washington and Iran prepare for a new round of negotiations. The U.S. Treasury announced it had designated Hengli Petrochemical (Dalian), a Chinese refining giant, as a significant buyer of Iranian crude and petroleum products. In a coordinated move, officials also sanctioned approximately 40 shipping companies and vessels linked to what the Treasury described as Iran’s “shadow fleet,” a network of tankers and firms that have been used to move Iranian oil despite existing international restrictions. The sanctions target Hengli Petrochemical, a major player in China’s refining sector, and come at a critical moment in U.S.-Iran relations. The designation underscores the administration’s determination to maintain maximum pressure on Tehran’s energy exports, even as diplomatic channels remain open. The Treasury’s statement did not specify the volume of Iranian oil purchased by Hengli, but described the firm as a “major buyer” of both crude and refined petroleum products from Iran. The action is the latest in a series of measures aimed at choking off revenue that Washington says Tehran uses to fund destabilizing activities across the Middle East. China has consistently criticized such unilateral sanctions, which it deems illegal under international law. Beijing has argued that the U.S. measures violate the sovereignty of nations and disrupt global energy markets. The sanctions on Hengli Petrochemical and the shadow fleet are likely to further strain relations between Washington and Beijing, which have already been tense over trade, technology, and regional security issues. Chinese officials have previously warned that such actions could undermine the stability of global oil supplies and hurt the broader economy. The timing of the sanctions is particularly notable, as they come ahead of renewed negotiations between the United States and Iran. The talks, expected to focus on Tehran’s nuclear program and regional behavior, have been marked by deep mistrust on both sides. By targeting...

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Categoria: cronaca