US issues new sanctions over Iran's oil shipments to China

The U.S. government on Monday announced sanctions against three people and ​nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran's shipment of oil to China.The ninth company is based in Oman, Reuters reported. 

The U.S. Treasury move follows sanctions announced on Friday on individuals and companies aiding Iranian purchases of weapons and components used to make drones and ballistic missiles.