New Sanctions Aim to Curtail Iran's Oil Revenue Flow to China

The United States has imposed sanctions on a network of people and firms accused of facilitating the sale of millions of barrels of Iranian oil to China as U.S. President Donald Trump’s administration seeks to bring Iran’s crude exports to zero. The new tranche of sanctions is an opening shot against Beijing and Tehran, designed to put China on notice without disrupting back-channel discussions to explore the potential for a deal with Iran that restricts its nuclear program. Analysts say these sanctions -- which targeted individuals…