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Current section China Oil & Gas Refining & Marketing news
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finance.yahoo.com Market update

Chinese refiner Hengli accused of funding Iran through sanctioned oil purchases

Investing.com -- The U.S. Treasury has accused the refining business of China's Hengli Group of buying billions of dollars in Iranian petroleum, placing it at the centre of Washington's campaign against Tehran's oil exports, the Wall Street Journal reported. Hengli has denied trading with Iran, saying it complies with regulations in the markets where it operates and that …

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