The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China. The move comes after U.S. President Donald Trump earlier this week vowed to bring Iran's oil exports to zero as the U.

Sepehr was designated in 2023 but the new sanctions go further by targeting the network underpinning Iran’s oil sales, including tanker masters and companies providing crew to vessels transporting Iranian oil, including an Indian company that claims to have more than 100 vessels under management.

A tanker sanctioned by the US this month has discharged Russian oil in China after an unusually long journey in which it changed its destination from Shandong province, a hub for independent refiners.

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating the shipment of millions of barrels of Iranian oil to China