
US continues ‘maximum pressure’ campaign against Iran, sanctions Chinese firm for buying Tehran’s oil
Mar 20, 2025 09:22 PM IST The refinery Treasury Department targeted for sanctions is China-based Shandong Shouguang Luqing Petrochemical Co., Ltd. Donald Trump-led United States on Thursday imposed new Iran-linked sanctions on one individual and several entities, including a Chinese “teapot” oil refinery for purchasing and processing Iranian crude oil. This was the fourth round…