The United States has imposed fresh sanctions on individuals and companies accused of helping Iran export oil to China, according to Beyond Time News.
The sanctions, announced by the US Treasury Department, target three individuals and nine companies allegedly linked to Iran’s oil trade network. The companies are based in Hong Kong, the United Arab Emirates, and Oman.
US officials claim the network helped Iran’s Islamic Revolutionary Guard Corps (IRGC) sell and transport oil through shell companies and hidden financial channels.
According to Beyond Time News, the sanctions come days before a planned meeting between US President Donald Trump and Chinese President Xi Jinping, where Iran and regional security issues are expected to be discussed.
US Treasury Secretary Scott Bessent said Washington will continue increasing pressure on Iran by targeting financial systems linked to its military and oil operations.
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The US State Department also announced a reward of up to $15 million for information that could help disrupt the IRGC’s financial network.
Officials said the latest action builds on earlier sanctions imposed in July 2025 against Golden Globe, a Turkey-based company accused of facilitating large-scale Iranian oil sales.
The new sanctions reflect ongoing US efforts to limit Iran’s oil revenue and tighten restrictions on its international trade activities.
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