US imposed sanctions on Chinese refineries, leading to reduced Iranian oil purchases, according to Scott Bessent.
41 reports, 11 independent
Updated Aug 31
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What happened
US imposed sanctions on Chinese refineries, leading to reduced Iranian oil purchases, according to Scott Bessent.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Bessent threatens economic D-Day against Iran as China defies US sanctions on Iranian oil.1 source
China continues to buy Iranian oil despite new sanctions, using Abu Dhabi as a financial lifeline and supplying Afghanistan.1 source
Bessent announced sanctions targeting Iranian and Chinese firms, adding detail to the existing focus on US/Iran/China tensions.1 source
US may sanction Chinese banks financing Iranian oil trade, escalating sanctions pressure on Iran.1 source
Bessent stated China reduced oil purchases following US sanctions on Chinese refineries.1 source
Keep exploring
Part of
Scott Bessent spoke on behalf of the U.S. Treasury regarding Iran, while the Iranian regime continues to utilize the IRGC for political control.Also in this story
- U.S. Treasury Secretary Bessent applies economic pressure on Iran, while the IRGC responds to armed uprisings in Sistan.
- The U.S. Treasury identified IRGC offshore accounts and detailed an economic campaign against Iran, leading to Iranian retaliation near Aqaba.
- The Treasury team tracked funds intended for the Ayatollah.
- Ali Naderi made statements on May 28th regarding the defense of the political system of the Islamic Republic while serving in a deputy public relations capacity.
The entities involved
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Scott Bessent
United States Secretary of the Treasury
Related events
- The Trump administration launched sanctions against Iran, aiming to choke off its revenue streams, a development discussed by Scott Bessent.
- US imposes sanctions on Iran's financial lifelines, specifically targeting India-based companies.
- Scott Bessent commented on the current geopolitical situation, including Iran's attacks, US policy challenges, and ongoing ceasefire talks.
- The US launched Operation ‘Economic Outcast’ against Iran, amid tariffs imposed due to the breakdown of US-Canada talks, impacting oil supply.
- Washington threatened secondary sanctions against Iranian carriers.
Coverage
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- islamicinvitationturkey.com
- zerohedge.com
- newkerala.com
- hellenicshippingnews.com
30 more outlets ran the same wire story
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- dailypakistan.com.pk
- hani.co.kr
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- arynews.tv
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- newsweek.com
- bssnews.net
- dominicanrepublicpost.com
- hellenicshippingnews.com
- al-monitor.com
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- centralasiatimes.com
- shanghaisun.com
- beijingbulletin.com
- indiagazette.com
- indiatimes.com
- aninews.in
- shanghainews.net
- newkerala.com
- iranherald.com
- chinanationalnews.com
- bignewsnetwork.com