US sanctions Chinese companies for Iran oil imports: Pompeo

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UNITED NATIONS: The United States on Wednesday (Sep 25) announced sanctions on Chinese companies for buying Iranian oil, stepping up pressure ...

Pompeo said that the United States was also aiming to split the elite Revolutionary Guards from the rest of the Iranian company.

The unit, known formally as the Islamic Revolutionary Guard Corps , is in charge of protecting the regime and has vast business holdings. "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," Pompeo said.

The actions come as France leads last-minute efforts to arrange a meeting at the United Nations between US President Donald Trump and his Iranian counterpart Hassan Rouhani to defuse tensions.

 

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