The United States has imposed a new round of sanctions designed to increasing economic pressure on Iran.
A post on the US treasury department’s website says the measures will affect 12 individuals and entities “for their roles enabling the Islamic Revolutionary Guard Corps’ (IRGC) sale and shipment of Iranian oil to the People’s Republic of China”.
“As Iran’s military desperately tries to regroup, Economic Fury will continue to deprive the regime of funding for its weapons programs, terrorist proxies, and nuclear ambitions,” Treasury chief Scott Bessent said.
“Treasury will continue to cut the Iranian regime off from the financial networks it uses to carry out terrorist acts and to destabilize the global economy.”
The sanctions will target companies linked to Tehran, including nine firms some of which are based in Hong Kong, according to the US Treasury Department.
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