The US sanctioned a Chinese crude oil reserve terminal in relation to Iran

The US government claimed that a crude oil storage terminal in China, which is connected to an independent refinery through a pipeline, has been targeted because of its connection with Iran’s oil trade networks, ISNA reported.

According to Reuters, the United States claimed that the Guangsha Joshhan Energy Group, which runs an oil-specific terminal on the Huangshan Island in Joshuan, China, was targeted because it was related to the Iranian oil trade and directly via the Huangshan-Oil Submarine Pipeline.

“The United States is focused on disrupting all Iranian oil exports, especially those seeking to benefit from this trade,” said US Treasury Secretary, Scott Bosent, emphasizing the continuation of economic war against Iran.

According to the Washington government, “the terminal has received at least five times Iran’s oil, including US -sanctioned ships, and imported at least 5 million barrels of Iranian crude oil.”

“China, Iran’s largest oil importer, does not recognize US sanctions,” Reuters wrote. “China and Iran, an exchange system that mainly uses China’s yuan and created a network of intermediaries to avoid using US dollars and institutions.”

The Chinese embassy in Washington did not respond to a comment on the US hostile declaration, but a Chinese spokesman said earlier in response to sanctions against an independent oil refinery in China: “China is always opposed to unilateral and illegal unilateral sanctions.”

US President Donald Trump claimed on Monday that the US and Iran are due to start “direct negotiations” on Saturday and threatened to be a “great danger” if they fail. Tehran, however, insists that these negotiations are “indirectly” with Oman’s mediation and do not accept any other arrangement for the negotiations.

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