U.S. sanctions companies and individuals in the Middle East and China for helping Iran
🔴 Tension RisingCNBC2026-05-09
The U.S. has imposed sanctions on companies and individuals in the Middle East and China for allegedly assisting Iran in its war efforts. These sanctions include satellite imagery provided by China-based entities to support Iran's military strikes. The blockade of the Strait of Hormuz is causing a global energy shock, and the International Energy Agency considers it the biggest energy security threat in history.