US Imposes Iran-Related Sanctions on Third China ‘Teapot’ Refinery, Port Terminal

 A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
TT

US Imposes Iran-Related Sanctions on Third China ‘Teapot’ Refinery, Port Terminal

 A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)
A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, January 20, 2023. (Reuters)

US President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.

The US Treasury designated the Hebei Xinhai Chemical Group refinery and three companies for operating a terminal at Dongying Port in Shandong Province. It said they had purchased or facilitated the delivery of hundreds of millions of dollars worth of Iranian oil.

It was the latest independent Chinese refinery targeted by the Trump administration after it re-imposed a policy of "maximum pressure" that aims to cut off Iran's export revenue to pressure Tehran into a deal to curb its nuclear program and stop the funding of militant groups across the Middle East.

"So long as Iran attempts to generate oil revenues to fund its destabilizing activities, the United States will hold both Iran and all its partners in sanctions evasion accountable," the US Treasury said in a statement.

Previous sanctions imposed on two small Chinese refiners for buying Iranian oil have created difficulties in receiving oil, leading them to halt purchases of crude and sell product under other names, sources familiar with the matter said.

Those sanctions have also begun to deter other, larger independent Chinese refiners from buying Iranian crude, three of the sources said.

Iran's UN mission in New York and China's embassy in Washington did not immediately respond to requests for comment.

The companies Treasury designated for operating the port terminal were Baogang (Dongying Donggang) Logistics and Warehousing Co, Ltd, Shandong Jingang Port Co, Ltd, and Shandong Baogang International Port Co, Ltd.

Treasury said the companies operate a terminal in Dongying Port that has received more than one million barrels of Iranian oil from shadow fleet tankers.

The sanctions block US assets of those designated and prevent Americans from doing business with them.



NATO: Ukraine Still Receiving Arms Despite Mideast War

NATO Secretary General Mark Rutte via Reuters/File
NATO Secretary General Mark Rutte via Reuters/File
TT

NATO: Ukraine Still Receiving Arms Despite Mideast War

NATO Secretary General Mark Rutte via Reuters/File
NATO Secretary General Mark Rutte via Reuters/File

Ukraine is still getting essential defense equipment despite the war in the Middle East, which is depleting stockpiles in Europe and the United States, NATO Secretary General Mark Rutte said Thursday.

"The good news is that essential equipment into Ukraine continues to flow," he told reporters. That included American-made Patriot missile interceptors, which Ukraine desperately needs, he added, AFP reported.

The PURL program, launched last year, allows Ukraine to receive US equipment financed by European countries.

Some 75 percent of the missiles used by Patriot batteries in Ukraine have been supplied through the program, and 90 percent of the munitions used by other air-defense systems, Rutte added.

Rutte called on European countries to increase their own production capacity.

"They need to produce more extra production lines, extra shifts, opening new factories. The money is there," he said.


Germany FM Says 'Encouraging' if US Speaking Directly to Iran

German Foreign Minister Johann Wadephul. (Reuters: File Photo)
German Foreign Minister Johann Wadephul. (Reuters: File Photo)
TT

Germany FM Says 'Encouraging' if US Speaking Directly to Iran

German Foreign Minister Johann Wadephul. (Reuters: File Photo)
German Foreign Minister Johann Wadephul. (Reuters: File Photo)

Germany's foreign minister Thursday said it was encouraging if the United States was talking directly to Iran to end the war in the Middle East, but Washington should make its intentions clear.

"I hear that there are signs that the US is speaking directly to Iran. I think that this is encouraging and this is welcome," Johann Wadephul told reporters before heading into the meeting of G7 foreign ministers outside Paris, AFP reported.

With US Secretary of State Marco Rubio set to join the discussions from Friday, he added: "For the German government it is of great importance to know precisely what our American partners are intending."


US Envoy Witkoff Says Iran is Seeking an Off-ramp

US Special Envoy Steve Witkoff speaks during a cabinet meeting at the White House in Washington, DC, US, March 26, 2026. REUTERS/Evelyn Hockstein
US Special Envoy Steve Witkoff speaks during a cabinet meeting at the White House in Washington, DC, US, March 26, 2026. REUTERS/Evelyn Hockstein
TT

US Envoy Witkoff Says Iran is Seeking an Off-ramp

US Special Envoy Steve Witkoff speaks during a cabinet meeting at the White House in Washington, DC, US, March 26, 2026. REUTERS/Evelyn Hockstein
US Special Envoy Steve Witkoff speaks during a cabinet meeting at the White House in Washington, DC, US, March 26, 2026. REUTERS/Evelyn Hockstein

The United States has sent Iran a "15-point action list" as a basis for negotiations to end the current conflict, US Special Envoy Steve Witkoff said on Thursday, adding that there are signs that Tehran was interested in making a deal.

 

Witkoff, speaking during a cabinet meeting at the White House, said that the nascent talks could be successful if the Iranians realize there were no good alternatives - a realization Tehran might be coming to, he argued, Reuters reported.

 

"We will see where things lead, and if we can convince Iran that this is the inflection point with no good alternatives for them other than more death and destruction," Witkoff told reporters.

 

"We have strong signs that this is a possibility."

 

Witkoff said Pakistan had been acting as a mediator, confirming statements from Pakistani officials.