U.S. Sanctions Chinese Refineries Over Iranian Crude Purchases

The sanctions target Chinese refineries and related entities accused of buying crude oil from Iran in violation of U.S. restrictions.

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Terms & Concepts
  • Sanctions: Penalties or restrictions imposed by one country on another, often to enforce international law or policy objectives.
  • Crude Oil: Unrefined petroleum extracted from the ground, used as the raw material for various fuels and products.
  • Refinery: An industrial facility that processes crude oil into usable products such as gasoline, diesel, and other fuels.