Treasury Department sanctions more than 20 companies it says gave Iranian oil to China

May 13, 2025 - 17:01
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Treasury Department sanctions more than 20 companies it says gave Iranian oil to China
The Treasury Department announced on Tuesday that it has sanctioned a network of more than 20 companies it says have supplied Iranian oil to China.  The department’s Office of Foreign Assets Control (OFAC) sanctioned nearly two dozen firms on Tuesday that it says have assisted in dispatching billions of dollars’ worth of oil to Beijing…

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