According to Perplexity it's complicated and rules seem to change every five minutes.
Are Chinese oil tankers sanctioned?
Some, but not all, Chinese-linked oil tankers are under sanctions; there is no blanket sanction on all Chinese oil tankers.?
What is sanctioned- The United States has sanctioned specific Chinese refineries, trading firms, shipping companies, and named vessels for moving Iranian oil as part of Iran’s “shadow fleet.”?
- Recent U.S. measures include sanctions on a Chinese crude oil terminal in Shandong and an independent refinery, plus nearly two dozen tankers that carried Iranian crude, LPG, propane, and butane.?
- These designations mean U.S. persons generally cannot deal with those listed ships or companies, and non-U.S. actors risk “secondary sanctions” if they knowingly support the sanctioned activity.?
What is not sanctioned- Ordinary Chinese oil tankers engaged in lawful trade that does not involve sanctioned crude (for example, non-Iranian, non-Russian flows outside other embargoes) are not automatically sanctioned.?
- China’s government has publicly rejected U.S. “unilateral” sanctions on specific tankers and firms, underscoring that these are targeted U.S. and allied measures, not UN-mandated bans on all Chinese shipping.?
Key takeaway for compliance- Risk depends on the individual vessel and counterparty: check whether a tanker, its owner, or charterer appears on U.S. OFAC or other sanctions lists before dealing with it.?
- Extra caution is needed with Chinese-linked ships involved in Iranian or Russian oil trades, where U.S., EU and G7 authorities are increasingly targeting specific tankers and service providers.?
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