US Sanctions China-Based Oil Terminal, Ship Managers Amid Iran Sanctions Regime

The move is directed at a Chinese terminal operator responsible for importing tens of millions of barrels of Iranian crude.

A sign outside the U.S. State Department in Washington on July 11, 2025. The U.S. State Department began laying off more than 1,300 employees as part of President Donald Trump's campaign to continue downsizing the federal government workforce until the Senate reaches a deal to reopen the government. A State Department official said 1,107 members of the civil service and 246 Foreign Service employees were being informed that they were being fired. Saul Loeb/AFP via Getty Images

The United States on Friday sanctioned a network of entities and individuals alleged to have funneled billions of dollars to Iran via illicit oil sales, taking aim at a China-based terminal operator responsible for importing tens of millions of barrels of sanctioned crude.

According to the State Department, the move as part of ongoing actions under the Trump administration’s Economic Fury policy to derail Tehran’s main revenue source for financing military action and terrorist activities. The move represents the 12th round of sanctions on Iranian oil sales since National Security Presidential Memorandum-2 was issued on Feb. 4, 2025.