Daily Market Updates: U.S. sanctions about 24 China-based entities tied to Iran trade

Global Markets

Home›Global Markets›Trade & Tariffs›U.S. sanctions about 24 China-based entities tied to I…

U.S. sanctions about 24 China-based entities tied to Iran trade

The Treasury action was framed as part of its “Operation Economic Outcast” campaign against Iran and companies enabling its activities.

Reported · Written up by our desk · Trade & Tariffs

The U.S. Department of the Treasury has issued targeted sanctions against some 24 entities based in mainland China or Hong Kong that are linked to trading with Iran, according to reporting by SCMP Economy.

The move is part of the Treasury’s “Operation Economic Outcast” campaign aimed at Iran and the enablers of its economic activities.

← Newer storyGaja Alternative Asset Management shares debut at 16% premium Older story →Retail investors shift back to secondary-market stocks in FY27

More like this

Global MarketsHo Chi Minh City to pilot low-emission zone in July 2027

Global MarketsOil prices fall as investors weigh US sanctions approach to Iran

Global MarketsIndonesia and Malaysia agree to share skies as haze crisis worsens

Global MarketsHK power fuel surcharges climb again, prompting SME subsidy calls

Global MarketsIran’s Hormuz chokehold loses value as Gulf neighbors plan new pipelines

Sources

SCMP EconomyUS sanctions Chinese firms trading with Iran

Global Markets

U.S. sanctions about 24 China-based entities tied to Iran trade

More like this

Sources

Get the close, explained.