The US is increasing pressure on China

The new restrictions announced by the United States on October 9 are increasingly worsening relations between Washington and Beijing.

What is important to understand is that this is happening on the eve of talks between American and Chinese leaders Donald Trump and Xi Jinping, scheduled for October.

In fact, the White House reacted in this way to China's decision to tighten control over the export of rare earths.

According to analysts, this confirms the US plan to continue to restrict Iran's oil trade with its largest customer.

Rizhao Shihua Crude Oil Terminal Co. Ltd, half-owned by Sinopec's logistics arm, was added to the US Treasury list along with tankers carrying Iranian oil and LNG, as well as one independent Chinese refinery.

As the American authorities managed to find out, the Rizhao Shihua terminal in the Lanshan district of the city of Rizhao (Shandong province) was receiving Iranian oil from vessels that are under sanctions.