The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were ...

More targeted US sanctions on companies and tankers involved in the Iranian crude trade with China are making some teapot ...

The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.

These "teapots," smaller private refineries ... Secretary Scott Bessent stated: "Purchases by small, independently run oil refineries in China provide the primary economic lifeline for the ...

The refinery the Treasury targeted for sanctions is China-based Shandong Shouguang ... The United States has not in the past focused on small independent Chinese teapot refiners in part because ...

US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery By ... The United States has not in the past focused on small independent Chinese teapot refiners in part because they ...

The refinery Treasury Department targeted for sanctions is China-based Shandong Shouguang Luqing Petrochemical Co., Ltd.

Teapot refineries are small, privately-owned operations in China, and stand in contrast to the larger state-owned enterprises in the country. Since returning to office, US President Donald Trump ...

US Treasury Secretary Scott Bessent met with banks and law enforcement to discuss sanctions on Iran's oil exports funding ...