US blacklists China's CNOOC, S&P deletes from stock indices

Washington (AFP) – The US government on Thursday ramped up sanctions against China over its actions in the disputed South China Sea, targeting state oil giant CNOOC. The Commerce Department added CNOOC to its blacklist over what it called “belligerent” actions, and the State Department restricted visas for the company’s executives, as well as government and military officials. That marked the latest actions escalating sanctions against the oil firm that prompted S&P Dow Jones Indices to de-list the company late Wednesday. It also reflects outgoing President Donald Trump’s flurry of last-minute…

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