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Economy & Trade May 1, 2026 525 stories in this edition

US sanctions China-based operator, others over alleged Iran oil trade links

SCMP Asia / Asia / 1m ago / Dewey Sim
US sanctions China-based operator, others over alleged Iran oil trade links

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The United States on Friday announced fresh sanctions on entities and individuals it said were involved in trading Iranian petroleum, including a China-based oil terminal operator and a Chinese national, as it ramped up pressure on Tehran to end the conflict. The State Department said the operator, Qingdao Haiye Oil Terminal Co., Ltd, “imported tens of millions of barrels of sanctioned Iranian crude oil”. Also on the...

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The United States on Friday announced fresh sanctions on entities and individuals it said were involved in trading Iranian petroleum, including a China-based oil terminal operator and a Chinese national, as it ramped up...

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Trump says will raise US tariffs on EU cars to 25%

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