US issues new sanctions over Iran's oil shipments to China as part of Economic Fury

The US announced sanctions targeting Iran's oil shipments to China, aiming to disrupt the IRGC's financial mechanisms and curb funding for weapons programs and regional proxies. This move precedes a meeting between President Trump and Xi Jinping, intended to address the Strait of Hormuz situation. The Treasury Department highlighted ongoing efforts to limit Iran's access to financial networks.