"The US Treasury Department last week sanctioned the Hengli Petrochemical (Dalian) Refinery, based in China's northeastern Liaoning Province, for having purchased billions of dollars' worth of Iranian petroleum."
"Chinese Foreign Ministry spokesman Lin Jian rejected the US decision to sanction Hengli, saying Beijing has always opposed illegal unilateral sanctions that are not based in international law."
"Hengli also rejected the accusations, saying it has never engaged in any trade with Iran, according to a company statement seen by the Chinese business news website Yicai Global."
"Washington is targeting around 40 shipping firms and vessels that it accuses of forming part of Iran's shadow fleet, vessels that continue to transport oil to countries allied with Tehran despite international sanctions."
The US Treasury Department sanctioned Hengli Petrochemical for purchasing significant amounts of Iranian oil, claiming it supports Iran's oil economy amid ongoing conflict. Beijing's Foreign Ministry criticized the sanctions, asserting they are illegal and urging the US to cease such actions. Hengli denied the allegations, stating it does not engage in trade with Iran and that its suppliers ensure compliance with US sanctions. Additionally, the US is targeting shipping firms involved in transporting oil for Iran, as maritime routes become critical in the ongoing geopolitical tensions.
Read at RadioFreeEurope/RadioLiberty
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