Treasury Dept.: Economic Fury Targets Global Network Fueling Iran's Oil Trade and Shadow Fleet
April 25, 2026
April 25, 2026
WASHINGTON, April 25 -- The U.S. Department of the Treasury issued the following news release on April 24, 2026:
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Economic Fury Targets Global Network Fueling Iran's Oil Trade and Shadow Fleet
Crackdown Targets Chinese Teapot Refinery; 40 Shipping Firms and Vessels
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Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned China-based independent teapot refinery Hengli Petrochem . . .
* * *
Economic Fury Targets Global Network Fueling Iran's Oil Trade and Shadow Fleet
Crackdown Targets Chinese Teapot Refinery; 40 Shipping Firms and Vessels
*
Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned China-based independent teapot refinery Hengli Petrochem . . .
