The United States has slapped sanctions on a Chinese company for importing Iranian crude, in violation of US restrictions on Iran's oil industry
Hong Kong The United States has slapped sanctions on a Chinese company for importing Iranian crude in violation of US restrictions on Iran's oil industry.
US Secretary of State Mike Pompeo said the sanctions on Zhuhai Zhenrong Limited and its chief executive Youmin Li are"part of our maximum pressure campaign" on Iran. The decision comes amid escalating tensions between the United States and Iran, and during a truce in the trade war between Washington and Beijing. "We've said that we will sanction any sanctionable behavior and we mean it," Pompeo said at a Veterans of Foreign Wars convention in Florida.
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U.S. Imposes New Sanctions on Chinese Company for Transporting Iranian Crude OilThe U.S. is imposing new sanctions against a Chinese company for transporting Iranian crude, a move that widens the U.S. campaign of pressure against the Islamic republic amid weeks of escalating tensions.
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