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flag US Treasury sanctions 20+ firms tied to Iran-China oil trade, targeting funding for military and terrorist activities.

flag The US Treasury has sanctioned over 20 companies linked to Iran's illicit oil trade with China, aiming to curb funding for Iran's military and terrorist activities. flag This includes targeting banks in Hong Kong and shipping operators involved in the trade. flag Treasury officials also warned Hong Kong banks to stop facilitating these transactions, as part of the "maximum pressure" campaign against Iran.

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