US Iran-Related Sanctions on Chinese Terminal Hit Sinopec Crude Supplies
Friday, 10 October 2025، 09:50 AM
The US Treasury included Rizhao Shihua Crude Oil Terminal Co Ltd among several entities sanctioned for facilitating Iranian oil shipments. The company, based in the port city of Lanshan in Shandong province, was designated to receive Iranian crude delivered by already sanctioned vessels (Read more at Industry Insider).