Home Business U.S. sanctions Chinese oil buyer over alleged Iran violations Business U.S. sanctions Chinese oil buyer over alleged Iran violations By Genpie - July 23, 2019 191 0 Facebook Twitter Google+ Pinterest WhatsApp The United States has sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, U.S. Secretary of State Mike Pompeo said in a speech on Monday.