US House committee calls for major crackdown on China’s alleged sanctioned oil imports

Apr 1, 2026 | INVESTING

Lawmakers in the United States have urged the administration of US President Donald Trump to take action against China’s alleged sanctioned oil imports by blacklisting port operators and blocking complex settlement networks.
Despite Washington’s temporary easing of sanctions on Russian and Iranian oil to relieve price pressures from the US-Israeli war in Iran, the “House Select Committee on Strategic Competition between the United States and the Chinese Communist Party” has released a 41-page…

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