Included in Friday’s sanctions is Hengli Petrochemical’s facility in the port city of Dalian, which has a processing capacity of roughly 400,000 barrels of crude oil per day, making it one of the biggest independent refineries in China.

Russia said on Friday that new European Union sanctions ‌on its oil and gas ‌would hurt developing countries and the EU itself, and ​promised to retaliate. The EU adopted a 20th package of sanctions against Russia over Moscow's war in Ukraine on Thursday,

The ⁠U.S. Treasury ​Department ‌is ‌sanctioning ⁠multiple wallets ⁠tied to ​Iran, ​thereby ⁠freezing $344 million ⁠in ⁠cryptocurrency, Treasury ​Secretary ​Scott Bessent ⁠said ⁠in a statement ⁠on X. (Reporting by Ismail ⁠Shakil;