U.S. Escalates Economic War on Iran, Sanctions Chinese Refinery and Shadow Fleet in Latest Crackdown
The U.S. Department of the Treasury (USDT) sanctioned a Chinese refinery and 40 shipping firms and vessels on Friday, April 24, for providing financial support to Iran’s oil economy, according to officials. The action targets a key revenue source for the Iranian military, which authorities said enables Tehran’s activities in the Middle East and threats to U.S. interests.
Sanctions Target Chinese Refinery and Shipping Network
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