The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, US and European officials said on Tuesday. Purchases of Iranian oil by Chinese companies are believed to have helped keep Iran’s economy afloat despite US sanctions that are designed to choke off such ...
The US treasury responded to the request of the Department of State–Bureau of Economic and Business Affairs, which sought authorization related to the purchase in Lebanon of Iranian-origin petroleum products. The Office of the Foreign Assets Control (OFAC) prohibited the US Department of State, the United States Agency for International ...
