Zhuhai Zhenrong, one of two Chinese importers of Iranian crude, has rejected US government accusations that it has exported gasoline to Iran, according to Dow Jones. “We never exported any gasoline to Iran,” a company spokeswoman told the newswire, adding that Zhuhai Zhenrong has no other trading activities with the Mideast producer. The US on Thursday said Zhenrong brokered the delivery of gasoline worth $500 million to Iran between July 2010 and January 2011, in violation of the Iran Sanctions Act, Dow Jones reported.
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