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US issues new sanctions over Iran’s oil shipments to China as part of Economic Fury

by | May 12, 2026 | JPost | 0 comments

Oil tankers pass through the Strait of Hormuz, December 21, 2018. (photo credit: REUTERS/HAMAD I MOHAMMED/FILE PHOTO)
The State Department also announced a reward of up to $15 million for information leading to the disruption of the financial mechanisms of the IRGC.