Oil Price | Cyril Widdershoven: Chinas relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for allegedly violating restrictions imposed on Irans oil sector. U.S. Secretary of State Mike Pompeo stated that the sanctions were put in place as the company engaged ...

Reuters - The United States has sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Irans oil sector, U.S. Secretary of State Mike Pompeo said in a speech on Monday. Weve said that we will sanction any sanctionable behavior, and we mean it, Pompeo said in a speech in Florida in which ...