US Sanctions Network for Selling Iranian Oil to China, East Asia

US Sanctions Network for Selling Iranian Oil to China, East Asia
Export oil pipelines at an oil facility in the Khark Island, Iran, on the shore of the Gulf, on Feb. 23, 2016. STR/AFP via Getty Images
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The United States sanctioned an international network of companies on July 6 for allegedly violating oil sanctions on Iran by selling Iranian oil to China and other countries in east Asia.

The Treasury Department said in a statement that it imposed sanctions on the companies that are accused of having facilitated the sale of hundreds of millions of dollars of Iranian petroleum and petrochemical products.
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