US Sanctions Chinese Oil Port Over Illicit Iran Trade
New US sanctions target a major Chinese oil terminal for its alleged role in facilitating Iran's petroleum trade, escalating economic pressure.
02 May 2026
New US sanctions target a major Chinese oil terminal for its alleged role in facilitating Iran's petroleum trade, escalating economic pressure.
Sanctioned tanker Rich Starry crossed the Strait of Hormuz on Tuesday, highlighting limits of U.S. efforts to curb Iran-linked oil flows.
