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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

US Imposes New Sanctions over Iran Sanctions Evasion, Targets Chinese Firms

Iran Washington D.C. Petroleum East Asia Oil Tehran United States China Hong Kong United Arab Emirates
Shops are closed following the recent riots and the call of protesters to close the markets, in Tehran Bazaar, in Tehran, Iran November 16, 2022. WANA (West Asia News Agency) via Reuters

The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused of facilitating the sale of Iranian petrochemicals and petroleum products to buyers in East Asia. 

The latest US move against Iranian oil smuggling comes as efforts to revive Iran's 2015 nuclear deal have stalled and ties between Tehran and the West are increasingly strained as Iranians keep up anti-government protests. 

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