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US sanctions Chinese refinery and Iran oil shippers as Pakistan talks loom
International
Published on 25 April 2026
About 40 shipping firms are hit—one refinery named
The US Treasury has imposed new sanctions on China’s Hengli Petrochemical and a network of roughly 40 shipping firms and tankers involved in transporting Iranian oil. The move escalates pressure on Tehran ahead of upcoming diplomatic talks in Pakistan, signaling tighter enforcement against Iran-linked trade and maritime activity.
- US sanctions target China’s Hengli Petrochemical
- Around 40 shipping companies and tankers are named
- Action focuses on Iranian oil transport networks
- Move is aimed at Tehran ahead of Pakistan talks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times