Iran, Trump and sanctions
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Trump, Iran and Xi
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The moves target 11 entities and three individuals based in Iran, China, Belarus and the United Arab Emirates.
By Andrea Shalal WASHINGTON, May 8 (Reuters) - The U.S. Treasury on Friday announced sanctions against 10 individuals and companies, including several in China and Hong Kong, over accusations they aided Iran's efforts to secure weapons and the raw materials needed to build its Shahed drones and ballistic missiles.
A proposed U.N. resolution threatens Iran with sanctions or other measures if it doesn’t halt attacks on ships in the Strait of Hormuz, stop imposing “illegal tolls,” and disclose the placement of all mines to allow freedom of navigation.
China orders firms to defy U.S. sanctions on Iranian oil in what analysts call an unprecedented escalation of Beijing's resistance to Washington.
The British government has sanctioned nine people and three organizations accused of hostile activities for Iran.
Iranian traders are smuggling over 6 million liters of fuel to neighboring Pakistan each day, traders and transporters in the South Asian country told RFE/RL.
Iran urged India to continue investing in Chabahar Port despite sanctions challenges, calling the project a “golden gate” for regional trade and connectivity.
After months of avoiding confrontation, the Trump administration has taken recent steps to call out China on Iran, artificial intelligence and spying.