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U.S. Treasury Sanctions 12 Entities in Hong Kong for Transporting Iranian Oil to China on Monday

2026-05-12 07:23:43

According to Agence France-Presse, the U.S. Treasury Department imposed sanctions on 12 entities on Monday (May 11), including those in Hong Kong, for allegedly transporting Iranian oil to China. In response, China's Foreign Ministry spokesperson said Beijing firmly opposes illegal unilateral sanctions without international legal basis or UN Security Council authorization, and will steadfastly safeguard the legitimate rights and interests of Chinese enterprises.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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