Third China-Based 'Teapot' Refinery Designated For Violating Iran Sanctions
The United States is sanctioning China-based independent 'teapot' refinery Hebei Xinhai Chemical Group Co., Ltd. and three oil terminal operators for their role in purchasing or facilitating the delivery of hundreds of millions of dollars' worth of Iranian oil.
Additionally, the United States is designating numerous firms, vessels, and vessel captains involved in facilitating the transportation of Iranian oil to China as part of Iran's 'shadow fleet,' which funds Iran's destabilizing behavior and support to terrorist proxies.
This is the United States' third action against a China-based independent teapot refinery since President Trump issued National Security Presidential Memorandum 2 on February 4, 2025.
So long as Iran attempts to generate oil revenues to fund its destabilizing activities, the United States will hold both Iran and all its partners in sanctions evasion accountable.
Today's action is being taken pursuant to Executive Order (E.O.) 13902, which targets Iran's petroleum and petrochemical sectors, and E.O. 13846, which targets Iranian petroleum exports. This action also marks the latest round of sanctions targeting Iranian oil sales since the President issued National Security Presidential Memorandum 2 (NSPM-2), instituting a campaign of maximum pressure on Iran.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
1News
8 hours ago
- 1News
Sector leader urges overhaul as builders face mental health crisis
Warning: This article discusses suicide. A business leader says urgent reform is needed to address what he describes as a deepening mental health crisis in New Zealand's construction sector. Research shows that suicide rates in the industry are 25 percent higher than other sectors, with Māori, Pasifika, women, migrant workers, apprentices and labourers among those most at risk. According to Marti Amos (Ngāpuhi, Ngāti Manu), the New Zealand-based head of a global mentoring service The Professional Builder, these statistics are worsened by a number of factors including financial instability, rising living costs, low pay, lack of mental health support and a training system focused on trade skills rather than business knowledge. "Nearly one construction worker dies by suicide every week," Amos said. ADVERTISEMENT "That should be sounding alarm bells across the country." Reports show that construction workers account for around 7 percent of working-age male suicides in Aotearoa. The estimated burden of suicide in the industry is around $1.1 billion annually. Marti Amos (Ngāpuhi) says urgent reform is needed to tackle New Zealand's construction sector mental health crisis. (Source: Amos, author of The Profitable Builders Playbook said a major contributor is that many builders are thrown into business ownership without the financial literacy, training or systems to succeed. "The construction industry has some of the highest suicide rates around the world. The key drivers - especially for company owners - is they don't understand their numbers well. "They've come from a background of being great craftsmen, doing great projects, but it's a really different skillset to becoming a great business owner." ADVERTISEMENT He said many tradies work under fixed-price contracts, where small mistakes can lead to serious financial fallout. "The average build could be anywhere from $400,000 to $500,000 to $1.5 to $2 million. If you get that wrong, you can get into financial difficulty very quickly. "You can be just one missed milestone payment away from being in serious problems." Amos said the pressure of trying to keep a team employed - without stable work ahead - is also taking a mental toll. "It goes through this: Do the work, do the work, do the work, and then they're like, 'Holy sh*t, we've only got six to eight weeks of work for my 12 guys'. "That can lead to lying awake in bed at 3am thinking, 'How do I figure this out?'" Amos said many workers are stuck on what he calls the "builders hamster wheel". ADVERTISEMENT "It's like they build themselves a prison, a business they grow to hate and that they can't get out of, 'cos you can't scale chaos and you can't scale lack of profits. 'Cos when you try and do more, everything is on your shoulders - like pricing. Where to get help. (Source: 1News) Amos believes part of the solution lies in revamping apprenticeship and trade programmes to include business and financial training. "Our people are incredible on the tools - but many aren't equipped to run a business, manage cashflow or navigate the stress that comes with it." He's calling for business training to be integrated into trade qualifications, saying current systems fall short. "Everyone gets taught how to be a great carpenter, how to do great work, but no one teaches you the fundamentals of how to build a great business. "And so just like at school, you get taught Chemistry, Maths, English, Physics, PE, but no one teaches you about budgeting, saving, communication skills, marketing, all stuff that's gonna help you massively on the outside." ADVERTISEMENT Amos believes New Zealand needs to have a look at the curriculum that apprentices are taught. "The government should be putting in some basic training through organisations or partnering with companies who can give this to every building company owner in New Zealand," he said. Amos said visibility and financial confidence are the key to relieving stress and saving lives. "Visibility leads to clarity. And when you've got clarity, you can take the right actions - that's when you start stacking wins. "When you're constantly worrying about how to pay your subcontractors or secure payroll for the next week, it isn't just your business that suffers - it's your whole life." He believes the most vulnerable workers - Māori, Pasifika, women, migrants and apprentices - need additional support at a systemic level "It is wider than just industry - it's cultural, educational. ADVERTISEMENT "It's about giving people the tools, the confidence, the learning to know: hey, it's okay to suck when you're trying new things, but you can win. You're not a tree - you don't have to stay stuck in your current circumstances." Amos said the industry needs to stop accepting crisis as normal - and act. "It's only once you go through those hard lessons - underpricing jobs, not knowing your numbers - that you learn: I need to do things differently. And if it's a skill, it can be learned. And if someone else can do it, then I can do it." Building and Construction Minister Chris Penk (Source: Ministers respond In a statement to RNZ, Minister for Building and Construction Chris Penk said the past few years had been tough for the construction sector and its people. ADVERTISEMENT "Building productivity has lagged for decades, but the rising cost of doing business, along with cancelled contracts from the pandemic and a tighter economy, has put real financial pressure on tradies and businesses." Penk said the government was working to create the right conditions for the sector to thrive. "Changes like reforming the building consent system might sound technical, but they will have a real human impact by lowering costs and giving the industry a more reliable pipeline of work. "We also know how much of a difference targeted mental health support can make in someone's life. "That's why, in December, the government invested in MATES in Construction through the Mental Health and Addiction Community Sector Innovation Fund." He acknowledged that while there was "still a way to go," things would get better. "We know that when financial stress eases, it becomes easier for people to focus on their work, their families and their own health and wellbeing." ADVERTISEMENT Minister for Vocational Education Penny Simmonds (Source: In a statement to RNZ, Minister for Vocational Education Penny Simmonds said the government was "committed to ensuring that mental health and wellbeing are part of a successful apprenticeship journey for all learners". "Under the Code of Good Practice for New Zealand Apprenticeships, Tertiary Education Organisations must ensure apprentices receive appropriate pastoral care, in line with the Education (Pastoral Care of Tertiary and International Learners) Code of Practice 2021. "This includes supporting apprentices with both their physical and mental health needs, their safety and wellbeing by offering information, advice, and identifying those who may need additional support." From 2026, a new independent, industry-led model for work-based learning would be rolled out. Simmonds said this model was the preferred option by both the public and industry during consultation. "It's designed to be more flexible, and responsive to the needs of both learners and the industries so critical to the growth agenda for our economy. ADVERTISEMENT "Put simply, we are transforming work-based learning by putting apprentices and trainees front and centre at the heart of the system and placing industry and employers back in the driver's seat, encouraging them to play a hands-on role in shaping training, making sure it's flexible and aligned with regional needs." The new model would involve the creation of Industry Skills Boards, which would set training standards, develop qualifications, and moderate assessments. Apprentices currently with Te Pūkenga will move to these new boards for up to two years, while new students would enroll directly with private providers, polytechnics or wānanga as they become available. Simmonds said the government was focused on "a smooth transition" with minimal disruption. "This is about building a stronger, more resilient vocational system to bring certainty, improve access, and support economic growth," she said. "We're committed to a smooth transition, with as little disruption for learners and employers as possible. This is about building a stronger, more resilient vocational system to bring certainty, improve access, and support economic growth."
1News
8 hours ago
- 1News
Kiwi porn site founder accused of sex trafficking pleads guilty in US
A New Zealand man who founded a California-based porn empire that recruited women with false modelling offers pleaded guilty to sex trafficking charges in a federal court, authorities said. Michael James Pratt pleaded guilty Thursday (local time) in federal court in San Diego, according to the US Department of Justice. He faces a possible life sentence when he is sentenced September 25. Pratt, 42, was on the FBI's Ten Most Wanted list when he was arrested in Madrid in 2022, three years after he fled while facing sex trafficking charges. Federal prosecutors said Pratt and his co-defendants used force, fraud and coercion to recruit hundreds of women, many of whom were in their late teens, for their adult videos. A New Zealand native, he founded the now-defunct GirlsDoPorn website in San Diego. In 2019, he and others were charged in San Diego with sex crimes after being targeted in a civil lawsuit by 22 women who claimed they were victimised by fraud and breach of contract. ADVERTISEMENT Where to get help for sexual violence. (Source: 1News) The women said they were plied with alcohol and marijuana before being rushed through signing a contract, which they were not allowed to read. Some said they were sexually assaulted and held in hotel rooms unwillingly until adult filming had ended. A judge in 2020 found in favour of the women and handed down a US$12.7 million (NZ$21 million) judgment against Pratt, Matthew Isaac Wolfe and adult producer and performer Ruben Andre Garcia. Wolfe, who handled day-to-day operations, finances, marketing and filming for the website, pleaded guilty in 2022 to a single federal count of conspiracy to commit sex trafficking. He was sentenced last year to 14 years in federal prison. The other co-defendants also pleaded guilty. Garcia was sentenced to 20 years in prison and cameraman Theodore Gyi received a four-year sentence. Valorie Moser, a former bookkeeper for the website, also pleaded guilty last year. She's scheduled to be sentenced September 12.
1News
10 hours ago
- 1News
Trump warns Musk of 'serious consequences' if he backs Democrats
US President Donald Trump is not backing off his battle with Elon Musk, saying he has no desire to repair their relationship and warning that his former ally and campaign benefactor could face 'serious consequences' if he tries to help Democrats in upcoming elections. Trump told NBC's Kristen Welker in a phone interview that he has no plans to make up with Musk. Asked specifically if he thought his relationship with the mega-billionaire CEO of Tesla and SpaceX is over, Trump responded, 'I would assume so, yeah.' 'I'm too busy doing other things,' Trump continued. 'You know, I won an election in a landslide. I gave him a lot of breaks, long before this happened, I gave him breaks in my first administration, and saved his life in my first administration, I have no intention of speaking to him.' The president also issued a warning amid chatter that Musk could back Democratic lawmakers and candidates in the 2026 midterm elections. ADVERTISEMENT 'If he does, he'll have to pay the consequences for that,' Trump told NBC, though he declined to share what those consequences would be. Musk's businesses have many lucrative federal contracts. The president's latest comments suggest Musk is moving from close ally to a potential new target for Trump, who has aggressively wielded the powers of his office to crack down on critics and punish perceived enemies. As a major government contractor, Musk's businesses could be particularly vulnerable to retribution. Trump has already threatened to cut Musk's contracts, calling it an easy way to save money. The dramatic rupture between the president and the world's richest man began this week with Musk's public criticism of Trump's 'big beautiful bill' pending on Capitol Hill. Musk has warned that the bill will increase the federal deficit and called it a 'disgusting abomination.' Trump criticised Musk in the Oval Office, and before long, he and Musk began trading bitterly personal attacks on social media, sending the White House and GOP congressional leaders scrambling to assess the fallout. As the back-and-forth intensified, Musk suggested Trump should be impeached and claimed without evidence that the government was concealing information about the president's association with infamous pedophile Jeffrey Epstein. ADVERTISEMENT Musk appeared by Saturday morning to have deleted his posts about Epstein. Vice President JD Vance in an interview tried to downplay the feud. He said Musk was making a 'huge mistake' going after Trump, but called him an 'emotional guy' getting frustrated. 'I hope that eventually Elon comes back into the fold. Maybe that's not possible now because he's gone so nuclear,' Vance said. Vance called Musk an 'incredible entrepreneur,' and said that Musk's Department of Government Efficiency, which sought to cut government spending and laid off or pushed out thousands of workers, was 'really good.' Vance made the comments in an interview with 'manosphere' comedian Theo Von, who last month joked about snorting drugs off a mixed-race baby and the sexuality of men in the US Navy when he opened for Trump at a military base in Qatar. The Vance interview was taped on Thursday as Musk's posts were unfurling on X, the social media network the billionaire owns. ADVERTISEMENT During the interview, Von showed the vice president Musk's claim that Trump's administration hasn't released all the records related to Epstein because Trump is mentioned in them. Vance responded to that, saying, 'Absolutely not. Donald Trump didn't do anything wrong with Jeffrey Epstein.' 'This stuff is just not helpful,' Vance said in response to another post shared by Musk calling for Trump to be impeached and replaced with Vance. 'It's totally insane. The president is doing a good job.' Vance also defended the bill that has drawn Musk's ire, and said its central goal was not to cut spending but to extend the 2017 tax cuts approved in Trump's first term. The bill would slash spending and taxes but also leave some 10.9 million more people without health insurance and spike deficits by US$2.4 trillion over the decade, according to the nonpartisan Congressional Budget Office. 'It's a good bill," Vance said. "It's not a perfect bill.' ADVERTISEMENT The interview was taped in Nashville at a restaurant owned by musician Kid Rock, a Trump ally.
