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Husband, Wife Behind Sanctioned China Oil Firm Lose $1.4 Billion

The move targeted Hengli Group for allegedly facilitating billions of dollars in purchases from Tehran and injects fresh tension into an expected summit between Trump and Xi Jinping next month.

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Published: 28 April 2026
Husband, Wife Behind Sanctioned China Oil Firm Lose $1.4 Billion
The move targeted Hengli Group for allegedly facilitating billions of dollars in purchases from Tehran and injects fresh tension into an expected summit between Trump and Xi Jinping next month.

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