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US blacklists state-owned Chinese oil trader for flouting Iran sanctions

By Joel Gehrke
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US blacklists state-owned Chinese oil trader for flouting Iran sanctions

President Trump’s administration is sanctioning a state-owned Chinese company for flouting sanctions on Iran’s oil industry.

“They violated US law by accepting crude oil,” Secretary of State Mike Pompeo announced Monday at the VFW National Convention. “We’ve said all along that any sanctions will indeed be enforced.”

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Tag:

China Donald Trump G20 Iran Mike Pompeo Oil Sanctions Steven Mnuchin Xi Jinping