The Hengli refinery, China’s second-largest, has generated hundreds of millions of dollars for Iran’s military, the US Treasury says. The United States has sanctioned a Chinese oil refinery for buying hundreds of millions of dollars worth of Iranian oil. Ahead of potential new talks on ending the US-Israeli war on Iran, the US Treasury Department on Friday said that it was targeting Hengli Petrochemical (Dalian) Refinery, China’s second-largest “teapot” or independent refinery. Recommended Stories list of 4 items list 1 of 4 How China’s ‘teapot’ refineries are cushioning it from Iran war oil crisis list 2 of 4 Fragile Iran-Israel ceasefire calms oil markets list 3 of 4 Iran-Iraq Tanker War redux?…