US imposes new sanctions over Iranian oil supplies to China

The US has imposed sanctions on 12 entities from Hong Kong, the UAE, and Oman, targeting a shadow fleet involved in transporting oil for Iran. This move comes ahead of a planned meeting between President Trump and Xi Jinping, where the US intends to address China's support for Iran and the situation at the Strait of Hormuz. The Treasury Department will continue to exert economic pressure on Tehran.