U.S. Treasury sanctions 12 individuals and entities over Iranian oil sales to China
CNBC Television·2026-05-11 20:09
The Trump administration is ramping up its economic pressure on Iran. This time with a new set of sanctions just released that crack down on the sale of Iranian oil to China. So there are a dozen individuals and entities being targeted here, including some Hong Kong and Dubai based shipping companies.The Treasury Department says all of them have played a role in enabling Iran's Revolutionary Guard Corps selling oil to China. So this adds to what has been an aggressive push by the Treasury to Iran's economy ...