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State Dept.: U.S. Sanctions Tighten Grip on Iran-China Oil Trade
May 02, 2026
WASHINGTON, May 2 -- The U.S. State Department issued the following statement on May 1, 2026, by Principal Deputy Spokesperson Tommy Pigott:

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U.S. Sanctions Tighten Grip on Iran-China Oil Trade

The United States is taking decisive action to disrupt Iran's illicit oil trade, the primary revenue stream for the Iranian regime to fund terrorism and regional destabilization.

Today, the Department of State sanctioned several entities, an in . . .

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