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)
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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.



Rescuers Search for 19 Missing, Recover 9 Bodies after Nepal Flooding

Rescuers evacuate stranded people from the site of a mudslide at the Gyirong Port area in Gyirong Township of Xigaze, Xizang Autonomous Region, China, 08 July 2025. EPA/XINHUA / Xu Dafu
Rescuers evacuate stranded people from the site of a mudslide at the Gyirong Port area in Gyirong Township of Xigaze, Xizang Autonomous Region, China, 08 July 2025. EPA/XINHUA / Xu Dafu
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Rescuers Search for 19 Missing, Recover 9 Bodies after Nepal Flooding

Rescuers evacuate stranded people from the site of a mudslide at the Gyirong Port area in Gyirong Township of Xigaze, Xizang Autonomous Region, China, 08 July 2025. EPA/XINHUA / Xu Dafu
Rescuers evacuate stranded people from the site of a mudslide at the Gyirong Port area in Gyirong Township of Xigaze, Xizang Autonomous Region, China, 08 July 2025. EPA/XINHUA / Xu Dafu

Dozens of rescuers searched the banks of a mountain river Wednesday looking for people missing after monsoon floods swept away Nepal's main bridge connecting to the country to China and caused at least nine deaths.

Police said dozens of rescuers were already at the area and more are expected to join the rescue efforts. Nine dead bodies have been recovered from the river. Security forces have rescued 55 people, including four Indians and a Chinese person so far, according to the Rasuwa District Administration Office.

Prime Minister Khadga Prasad Oli, along with top ministers and officials, flew to the area, The Associated Press reported. Oli called an emergency meeting Tuesday night and instructed all security forces and government offices to assist the rescue and recovery efforts.

The flooding on the Bhotekoshi River early Tuesday destroyed the Friendship Bridge at Rasuwagadi, which is 120 kilometers (75 miles) north of the capital, Kathmandu. Several houses and trucks that were parked at the border for customs inspections also were swept away. Hundreds of electric vehicles imported from China had been parked at the border point.

The 19 missing are 13 Nepali citizens and six Chinese nationals, said the National Disaster Risk Reduction and Management Authority.

The Chinese and eight of the Nepalis were workers at a Chinese-assisted construction project on the Nepali side of the border, according to the Chinese Embassy in Nepal, quoted by state media.

The destruction of the bridge has halted all trade from China to Nepal through this route. The longer alternative is for goods to be shipped from China to India and then brought overland to Nepal.