Post #45585 by Dope1 on the US Policy board

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About time:
https://www.bloomberg.com/news/articles/2025-05-08...

The US Treasury Department sanctioned an oil refinery in China — along with port terminal operators, vessels, companies and individuals — it accuses of facilitating the Iranian crude trade, which it said funds Tehran’s military and violates existing US sanctions.

Hebei Xinhai Chemical Group, Ltd., a so-called teapot refinery in Hebei Province, was the main target of Thursday’s action. Treasury said in a statement that the refinery has received multiple shipments of Iranian oil worth hundreds of millions of dollars from vessels operating as part of a shadow fleet.

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