US sanctions on Chinese firms show Iran is still a 'potential flashpoint': Eurasia

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US sanctions on Chinese firms show Iran is still a 'potential flashpoint': Eurasia
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The U.S. has imposed new sanctions on several Chinese entities for 'knowingly engaging' in transporting Iranian oil — a violation of Washington's curbs on the Islamic Republic.

. World powers including the U.S. and some European countries, as well as Saudi Arabia, have blamed the attack on Iran, but Yemeni Houthi group — supported by Tehran — have claimed responsibility. Tehran has denied involvement.

The new sanctions show that Iran is still a "potential flashpoint" between the U.S. and China, said analysts at risk consultancy Eurasia Group. Dan Brouillette, deputy secretary of the U.S. Energy Department, had said earlier in September that Washington and pledged to restore crippling sanctions on the Islamic country aimed at putting pressure on its economy.

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