UNITED NATIONS - The United States on Wednesday announced sanctions on Chinese companies for buying Iranian oil, stepping up pressure despite European attempts to arrange talks between Washington and Teheran.
“We’re telling China, and all nations – know that we will sanction every violation of sanctions of all activity,” Mr Pompeo told United Against a Nuclear Iran.The US Treasury Department announced that it is placing sanctions on five Chinese nationals and six entities, including two Cosco Shipping Corporation subsidiaries.
“The United States will intensify our efforts to educate countries and companies on the risk of doing business with IRGC entities, and we will punish them if they persist in defiance of our warnings,” Mr Pompeo said.