US sanctions Hong Kong and UAE entities over Iran oil sales
The US Treasury sanctioned twelve entities for facilitating Iranian oil shipments to China. The move targets front companies used to fund military operations.
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The United States sanctioned three individuals and nine companies on Monday for facilitating Iran oil shipments to China. The action targets entities in Hong Kong, the United Arab Emirates, and Oman linked to the Islamic Revolutionary Guard Corps. These measures aim to choke off funding for Iranian weapons programs while pressuring Beijing before high-level diplomatic talks.
