The US sanctioned a dozen entities and individuals over the sale of Iranian oil to China, stepping up economic pressure just days before President Donald Trump meets his counterpart Xi Jinping.
The US Treasury blacklisted 12 firms and individuals, including some based in Hong Kong, the United Arab Emirates and Oman, saying in a statement they facilitated the sale of oil on behalf of the
It also reiterated a previous threat to take further action “against any foreign company supporting illicit Iranian commerce,” pointing to airlines or firms connected to China’s private oil refiners as ...