Oil and Gas News from OilGasDaily.Com
OIL AND GAS
US again targets Iran oil despite talks
US again targets Iran oil despite talks
by AFP Staff Writers
Washington (AFP) May 8, 2025

The United States on Thursday imposed sanctions on a Chinese refinery of Iranian oil, its latest pressure against Tehran despite ongoing talks on a nuclear deal.

The Treasury Department said it was targeting Hebei Xinhai Chemical Group and three port terminal operators in Shandong province which it said had been involved in handling hundreds of millions of dollars worth of Iranian oil.

"The United States remains resolved to intensify pressure on all elements of Iran's oil supply chain to prevent the regime from generating revenue to further its destabilizing agenda," Treasury Secretary Scott Bessent said in a statement.

The State Department said it was the third US action against a so-called teapot, or small-scale, refinery in China since early February when President Donald Trump issued an order to increase pressure on Iran.

Trump, however, has also said that he is acting reluctantly and that he is hopeful for a deal on Iran's nuclear program that averts a threatened Israeli military strike.

Both Iran and Trump's envoy, Steve Witkoff, have described initial talks as positive.

Tehran, which wants sanctions relief, has lashed out at the renewed US pressure, saying it went against efforts to reach a diplomatic solution.

Trump in his first term withdrew from a previous nuclear deal with Iran and imposed sweeping sanctions, including pressing all other countries -- of which China is the most significant -- to stop buying Iranian oil.

Related Links
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
Trump announces informal cease-fire with Houthis
Washington DC (UPI) May 6, 2025
The Yemen-based Houthis have "capitulated" and stopped attacking commercial and military shipping, President Donald Trump announced after meeting with Canadian Prime Minister Mark Carney on Tuesday. "They've announced to us at least that they don't want to fight anymore," Trump told media. "They just don't want to fight, and we will honor that," Trump said. "They have capitulated. But, more importantly, they ... say they will not be blowing up ships anymore." Trump said Houthi rep ... read more

OIL AND GAS
Biogas Production from Alfalfa Enhanced by Fruit Waste and Microbes

Bacteria breathe electricity unlocking bioenergy and clean tech potential

Difficult energy transition looms without major EU investment in biomass

Turning wood waste into ultra strong material

OIL AND GAS
China's Renewable Energy Shift Faces Sustainability Challenges

Saharan dust clouds cast uncertainty on Europe's solar power growth

Saharan dust clouds pose growing risk to solar power stability across Europe

US solar tariffs could drive Asia transition boom

OIL AND GAS
Norway's Equinor slams 'unlawful' halt to US wind farm

US halts Equinor's huge New York offshore wind project

Chinese energy giant Goldwind posts annual growth as overseas drive deepens

Clean energy giant Goldwind leads China's global sector push

OIL AND GAS
Ontario Approves Construction of GE Vernova Hitachi's BWRX-300 Small Modular Reactor

Google agrees to fund three US nuclear plants

EDF complaint blocks Czech-Korean nuclear deal

AI driven algorithm streamlines next generation nuclear reactor shielding design

OIL AND GAS
Major US Cities Sinking Due to Groundwater Extraction and Other Factors

Scientists team up to publish climate assessment gutted by Trump

UK 'not ready' for effects of climate change, experts warn

US climate assessment thrown into doubt as Trump dismisses authors

OIL AND GAS
California leads lawsuit over Trump's EV charging funding change

AI-Driven Microgrid Control Enhances Renewable Stability and EV Integration

EU parliament backs emissions reprieve for carmakers

GM cuts shift at Canada plant over 'evolving trade environment'

OIL AND GAS
Iraq's judiciary acquits powerful former speaker of forgery

French FM says Iraq should not be dragged into regional conflicts

UN voices alarm over death of Iraqi in custody

Two injured in attack on Christians in north Iraq

OIL AND GAS
At UN, US slams Russia for 'cynically' protecting N.Korea

Iran slams Israeli strikes on Yemen port

Iran says 'has every right' to enrich uranium, dismissing US concerns

Iran denies aiding Yemen Huthis in Israel airport attack

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.