Chinese Refiner Hengli Denies Iran Ties After US Sanctions Hit Shares
Fast facts
- Category: Middle East
- Language: EN
- Published: 2026-04-27 01:25 UTC
- Sources: Middle East Eye
Shares in Chinese refiner Hengli plummeted after the US imposed sanctions on Iranian oil exports. The company has denied any ties to Iran, while Reuters reports that the sanctions were aimed at cutting off funding for the country's nuclear program.
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