US imposes sanctions on Chinese firms over alleged aid to Iran's defense sector
🔴 Tension RisingPressTV2026-05-09
The US has imposed sanctions on ten individuals and companies, several based in China and Hong Kong, allegedly involved in assisting Iran in obtaining weapons and raw materials for Shahed drones and ballistic missiles. This action occurred shortly before President Trump's planned meeting with Xi Jinping and amid stalled efforts to resolve the conflict with Iran. The sanctions aim to curb Iran's maritime threat capabilities and regional allies.