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US sanctions Chinese oil trader for violating Iran restrictions: Pompeo

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AFP Washington

The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of State Mike Pompeo announced Monday.

"As part of that maximum pressure campaign, I am announcing that the United States is imposing sanctions on the Chinese entity Zhuhai Zhenrong and its chief executive Youmin Li, Pompeo said in a speech.

"They violated US law by accepting crude oil," he said.

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First Published: Jul 22 2019 | 9:51 PM IST

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