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Treasury Increases Pressure on Firms Importing Iranian Oil
May 09, 2025
WASHINGTON, May 9 -- The U.S. Department of the Treasury issued the following news release on May 8, 2025:

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Treasury Increases Pressure on Firms Importing Iranian Oil

WASHINGTON -- Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) is increasing pressure on Iran's export of oil, designating the "teapot" refinery Hebei Xinhai Chemical Group Co., Ltd. and three port terminal operators in Shandong Province . . .

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