US Hits Firms Moving Iranian Oil and Major China Crude Terminal

According to Bloomberg, The US sanctioned more than 50 individuals, firms and vessels involved in exporting Iranian oil and liquefied petroleum gas, including a key crude-import terminal. The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade. The agency’s Office of Foreign Assets Control said the … Continue reading US Hits Firms Moving Iranian Oil and Major China Crude Terminal