U.S. Imposes Sanctions on Companies Aiding Iran-China Oil Trade

The U.S. has sanctioned companies aiding Iran-China oil trade, aiming to disrupt Tehran's financial networks and apply pressure on the country. This move precedes a key meeting between President Trump and Xi Jinping, focusing on the Iran situation and the Strait of Hormuz. The sanctions target entities in Hong Kong, the UAE, and Oman involved in facilitating Iranian oil transactions.