US sanctions companies it says enable Iranian oil sales to China ahead of Trump-Xi meeting 🚨
The Trump administration on Monday imposed sanctions on 12 companies and individuals it says are helping to facilitate the sale and shipment of oil from Iran to China.
The announcement comes just days before President Donald Trump is set to meet Chinese leader in Beijing.
Treasury Secretary Scott Bessent touted the move in a statement, insisting the agency 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.”
China’s support for Iran will likely be a topic for discussion in Beijing.
Last month, US intelligence indicated China was preparing to deliver new air defense systems to Iran, according to three people familiar with recent intelligence assessments.
Earlier on Monday, Trump said a monthlong ceasefire between the US and Iran is on “massive life support.”
#BREAKING #news #US #IranRejectsUSPeacePlan #TrumpToVisitChinaFromMay13To15