The National Petroleum Company of China (CNPC) and China Petrochemical Company (CHPC) have not booked any oil shipments from Iran for November, the Wall Street Journal reported on Thursday. Because of fears of violating US sanctions
The newspaper said that the bank "Kunlun" owned by "CNPC" told his Iranian clients that he will stop dealing with them by the deadline for US sanctions, which will be re-imposed on the fourth of November. According to some dealers in Iran.
Kunlun is the main Chinese bank dealing with Iranian oil export payments and the financing of exports of Beijing goods to Tehran.
Large international companies in various fields have begun to withdraw from Iran, after US President Donald Trump's threats to choose between trade with Tehran or trade with the United States.
The first package of US sanctions came into force last August, when Trump promised to withdraw from the Iranian nuclear deal he had repeated in his campaign.
The first package of sanctions targeted the Iranian auto industry, the gold trade, precious metals, and Tehran's purchases of the US dollar.
