Global Trade Alert
Global Trade Alert

United States of America: Treasury issues alert on sanctions risks linked to China-based teapot refineries

Announcement

28 Apr 2026

In April 2026, the United States Department of the Treasury's Office of Foreign Assets Control issued an alert to financial institutions regarding sanctions risks associated with independent teapot oil refineries in China.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 30 Apr 2026
Controls on commercial transactions and investment instruments

Recent update from 30 Apr 2026:

On 28 April 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an alert to financial institutions regarding sanctions risks associated with China-based indepen...

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