China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report
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Source: The Jerusalem Post
Published: 2026-08-16 23:49 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Iran, Energy, China, Financial Markets, World News, Asia Pacific
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Snippet:
Hengli Group, a Chinese company that employs over 300,000 people and earns over $100 billion per year, is a primary importer of Iranian crude oil, The Wall Street Journal reported on Saturday, citing industry analysts, shipping brokers, and the US Treasury.
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