US Sanctions Another Chinese Terminal Over Iranian Oil Trade

Bloomberg · last updated July 31, 2025 – 1:41 AM

The US has sanctioned a fourth Chinese oil terminal as part of a new wave of penalties relating to the trade of Iranian energy, which Washington says funds terrorist activities.

Zhoushan Jinrun Petroleum Transfer Co. was sanctioned for receiving at least six shipments of Iranian crude, according to a statement from the US State Department on Wednesday that listed penalties on 20 entities. It operates a terminal at Zhoushan, home to some of China’s largest refineries.

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