Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.

Shandong Port Group has prohibited U.S.-sanctioned tankers from accessing its ports in the eastern Chinese province, three traders familiar with the issue told Reuters. This region, home to many independent refiners,

Shandong Port Group prohibits tankers under US sanctions from entering its ports in Eastern China's province, Reuters reports. Shandong Port Group controls major ports on China's eastern coast, including Qingdao,

China's Shandong Port Group has banned U.S.-sanctioned oil vessels from its ports, following new U.S. sanctions on Iranian oil.

Shandong Port Group, one of China's largest port operators, manages ports in Shandong province where significant volumes of sanctioned oil from Russia, Iran, and Venezuela are imported. According to the company's decision,