Sanctions
Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release
The final deal would be discussed within 60 days following agreement from both sides
China’s Hengli seeks West African, Middle Eastern oil after US sanctions: sources
Hengli said in late April it would seek a legal path for removal from the sanctions list
US imposes fresh sanctions on Iran’s military oil sales
8 vessels involved in transporting Iranian crude oil and petroleum products to global markets were also sanctioned
China’s Huawei reveals chip design breakthrough amid US sanctions
The company’s Ascend chip series has become increasingly central to powering Chinese artificial intelligence models
Hengli, China’s silk-to-petrochemicals empire, faces the chill of US sanctions
The company’s main offshore unit is set to shut this month
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources
Singapore is an important base for many China-based firms seeking to source crude and metals
US sanctions Hong Kong, Dubai entities over sale of Iranian oil to China
The Trump administration has been issuing new sanctions on Iran regularly
China asks banks to pause new loans to US-sanctioned refiners
Tensions are escalating between the superpowers just weeks before a long-awaited meeting
China uses anti-sanctions law to counter US blacklisting of refiners that bought Iranian crude
This comes less than two weeks before US President Donald Trump is due to visit Beijing
China’s rare defiance of US sanctions sparks showdown over banks
The Asian nation has long been the single largest buyer of Teheran’s oil shipments
