Latest US Sanctions on Iranian Oil Deal Blow to China's Sinopec

Latest US Sanctions on Iranian Oil Deal Blow to China’s Sinopec

A model of oil pump jack stands next to a logo of China Petroleum & Chemical Corporation, or Sinopec, at the company’s booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 11, 2025. Photo: REUTERS/Maxim Shemetov The latest US sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports,…

Latest US Sanctions on Iranian Oil Deal Blow to China's Sinopec

Latest US sanctions on Iranian oil deal blow to China’s Sinopec – Oil & Gas 360

(BOE Report)– The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports, industry executives and analysts said. The sanctions announced on Thursday further complicate U.S.-China relations, coming ahead of planned talks between Presidents Donald Trump and Xi Jinping later this month. The move follows China’s d

US Sanctions on Iranian Oil Target Sinopec

The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports, industry executives and analysts said.The…

Latest US sanctions on Iranian oil deal blow to China’s Sinopec

The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports, industry executives and analysts said. The sanctions announced on Thursday further complicate U.S.-China relations, coming ahead of planned talks between Presidents Donald Trump