The sign says NEVER. The dock says IRANIAN.
Hengli says it has never traded with Iran. A shadow-fleet tanker named Seeker 8 — with a four-day gap in its location transmissions — unloaded Iranian crude at Hengli's Changxing Island pier in January, and U.S. industry brokers say sanctioned vessels have delivered more than five million barrels since 2023.
Source article: U.S. Treasury sanctions Hengli refinery over alleged Iranian oil.
Column metadata
- Published
- Pen name
- Mimi Wright-Fubar
- Topic tags
- conflict, war and peace, economy, business and finance, international trade, energy and resource, corruption
- Primary entities
- Hengli Group, Chen Jianhua, Fan Hongwei, U.S. Treasury, Iran, Changxing Island
- Themes
- sanctions enforcement, China-Iran oil trade, shadow-fleet shipping, independent oil refining
- Floor values engaged
- Accountability of power, Truthfulness, Equality & fairness