Report: Hengli Group, a Chinese company that earns over $100 billion per year, is a primary importer of Iranian crude oil and one of the largest companies in a network of "teapot"

Report: Hengli Group, a Chinese company that earns over $100 billion per year, is a primary importer of Iranian crude oil and one of the largest companies in a network of "teapot" refineries that purchase sanctioned oil. Link China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report Hengli is one of the largest companies in a network of "teapot" refineries in China that purchase sanctioned oil, according to the officials cited by WSJ.