Chinese terminals and teapot sanctioned as US increasingly targets buyers of Iranian oil
- The US sanctioned another Shandong-based ‘teapot’ refinery, as well as three terminal operators and an oil broker
- Five ‘shadow fleet’ tankers and two masters also designated
- Ownership of one of the terminals sanctioned on Thursday changed amid growing sanctions threat earlier this year, Lloyd’s List previously reported
- Sanctioned teapot refinery imported over 3.3m barrels of Iranian oil since 2023, according to UANI
The US introduced new sanctions on Thursday targeting Chinese buyers and facilitators of Iranian oil shipments and ‘shadow fleet’ vessels and masters