China has issued a strong statement urging the United States to immediately stop what it describes as the misuse of unilateral sanctions imposed without international legal backing, escalating diplomatic tensions between the two global powers. Read More: US sanctions Chinese refinery over Iran ties According to reports, Liu Pengyu, spokesperson for the Chinese Embassy in Washington, […]
sanctions policy
US tightens sanctions on Iran’s oil sector amid escalating tensions
The United States (US) has announced fresh sanctions targeting Iran’s oil industry, intensifying economic pressure as tensions in the Middle East continue to rise, the Treasury Department said on Wednesday. Read More: US hits Iran with new oil and shipping sanctions According to the announcement, the new measures target more than two dozen individuals, companies, and vessels linked to a major […]