By Admin 
Amidst the war with Iran, America has banned China’s major oil refinery Hengli Petrochemical and 40 shipping companies and tankers, after which Beijing has now reacted strongly. Beijing said it strongly opposes US sanctions on Chinese oil refineries and is determined to protect its interests.
America had taken action against China for purchasing oil from Iran because it had imposed a ban on Tehran’s oil export, despite that China was continuously purchasing oil from it. The US Treasury Department had said that the purpose of these sanctions is to completely stop Iran’s main source of income – oil exports.
Also read- Iran is ready to open Hormuz, put a big condition before America, what will Trump do now?
Hengli is China’s largest refinery
China’s largest refinery Hengli Petrochemical, which processes about four lakh barrels of crude oil daily, has also been hit by these sanctions imposed by the Trump administration. The US Finance Department says that Hengli Refinery has been consuming Iranian oil since 2023. This refinery is said to be one of the major buyers of Iranian oil.
What action was taken against China?
US Finance Secretary Scott Besant, while taking action against China, had said that the Trump administration is tightening the financial grip on the Iranian regime. This will help in stopping its aggression in the Middle East and curbing its nuclear ambitions. In this action, about 40 shipping companies and ships have also been targeted, which are considered part of Iran’s so-called ‘Shadow Fleet’.
Also read- America’s big action amid war with Iran, ban on China’s refinery, why did Donald Trump take this decision?
Action will be taken against whoever is involved in this: Besant
Giving a strong message to the countries of the world, America said that action will be taken against any ship which transports Iranian oil to other countries, which strengthens the Iranian regime. Scott Besant also said that on the instructions of Donald Trump, America will continue to take action against the ships, middlemen and buyers who help in delivering Iranian oil to the world markets. He warned that any person or ship involved in this work may have to face American sanctions.