Latest Hengli Petrochemical News & Updates

US Sanctions China-Based Refinery and Vessels Tied to Iran’s Oil Trade

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Washington, April 25 (IANS) The United States imposed sanctions on a China-based refinery and dozens of vessels linked to Iran’s oil trade, stepping up pressure on Tehran’s energy revenues.The Treasury Department said its Office of Foreign Assets Control (Office of Foreign Assets Control) targeted Hengli Petrochemical (Dalian) Refinery Co., Ltd., describing it as one of Iran’s largest buyers of crude oil and petroleum products.“Economic Fury is imposing a financial stranglehold on the Ir…