The United State has imposed sanctions on a number one Chinese language state-owned firm for importing Iranian oil. The sanctions positioned by the U.S. State Division bar Zhuhai Zhenrong Company, one in every of Chinas largest state-run oil firms, from partaking in overseas trade, banking or property transactions below US jurisdiction, London-based Monetary Occasions reported. As a part of that most strain marketing campaign, I’m saying that the US is imposing sanctions on the Chinese language entity Zhuhai Zhenrong and its chief government Youmin Li, Secretary of State Pompeo informed reporters on Tuesday. Whereas the U.S. sanctions have deterred virtually all overseas patrons in Europe…
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