US sanctions Hong Kong, Dubai entities over sale of Iranian oil to China

🔴 Tension Rising The Business Times 2026-05-11
The US sanctioned Hong Kong and Dubai entities involved in the sale of Iranian oil to China, escalating economic pressure on Iran. The Trump administration aims to compel Iran to end the war and ensure shipping passage through the Strait of Hormuz. Potential targets include airlines and Chinese oil refineries.
경제제재석유제재미이란외교중동안보핵사찰
Source: The Business Times (businesstimes.com.sg)
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