U.S. imposes sanctions on Chinese 'teapot' refinery for buying Iranian oil

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U.S. imposes sanctions on Chinese 'teapot' refinery for buying Iranian oil

Hengli Petrochemical's refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. …

Hengli Petrochemical's refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. Aizhu Chen | Reuters The Trump administration said on Friday it had imposed sanctions on an independent "teapot" refinery in China for buying billions of dollars' worth of Iranian oil, as Washington and Tehran head into another round of peace talks over the weekend. …

Original source: CNBC Top News

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