US targets Chinese, other firms in new Iran sanctions

WASHINGTON: The US on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars in Iranian oil and petrochemical products to East Asia as it seeks to raise pressure on Tehran to curb its nuclear program.

The US Treasury and the US State Department imposed sanctions on a total of six companies, four based in Hong Kong, one in Singapore, and one in the UAE in actions that were announced in separate statements.