Breaking: The U.S. is imposing new sanctions against a Chinese company for transporting Iranian crude
ORLANDO—The U.S. is imposing new sanctions against a Chinese company for transporting Iranian crude, a move that widens the U.S. campaign of pressure on the Islamic republic amid weeks of escalating tensions.
Secretary of State Mike Pompeo told The Wall Street Journal on Monday that Chinese company Zhuhai Zhenrong and one of its executives knowingly violated U.S. sanctions barring the import of Iranian crude oil.
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