US Sanctions Chinese, Russian Firms over Iran

Secretary of State Mike Pompeo. AP file photo
Secretary of State Mike Pompeo. AP file photo
TT

US Sanctions Chinese, Russian Firms over Iran

Secretary of State Mike Pompeo. AP file photo
Secretary of State Mike Pompeo. AP file photo

The US on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran's missile program.

The four firms, accused of "transferring sensitive technology and items to Iran's missile program," will be subject to restrictions on US government aid and on their exports for two years, Secretary of State Mike Pompeo said in a statement.

The sanctions, imposed Wednesday, were against two Chinese-based companies, Chengdu Best New Materials and Zibo Elim Trade, as well as Russia-based Nilco Group and Joint Stock Company Elecon.

"We will continue to work to impede Iran's missile development efforts and use our sanctions authorities to spotlight the foreign suppliers, such as these entities in the PRC (China) and Russia, that provide missile-related materials and technology to Iran," Pompeo added.

President Donald Trump withdrew the US in 2018 from the Iran nuclear deal established three years prior under then-President Barack Obama.

Trump has since reimposed crippling sanctions on Iran in what he calls a campaign of "maximum pressure."

The Trump administration has also since shown its determination to sanction any foreign country or company that does not comply with its Iran policies.



Rubio Says US Sanctioning ICC Judges for Targeting Israel

US Secretary of State Marco Rubio speaks to traveling journalists at the John C. Munro Hamilton International Airport in Hamilton, Ontario, on November 12, 2025 after the G7 foreign ministers meeting. (Photo by Mandel NGAN / POOL / AFP)
US Secretary of State Marco Rubio speaks to traveling journalists at the John C. Munro Hamilton International Airport in Hamilton, Ontario, on November 12, 2025 after the G7 foreign ministers meeting. (Photo by Mandel NGAN / POOL / AFP)
TT

Rubio Says US Sanctioning ICC Judges for Targeting Israel

US Secretary of State Marco Rubio speaks to traveling journalists at the John C. Munro Hamilton International Airport in Hamilton, Ontario, on November 12, 2025 after the G7 foreign ministers meeting. (Photo by Mandel NGAN / POOL / AFP)
US Secretary of State Marco Rubio speaks to traveling journalists at the John C. Munro Hamilton International Airport in Hamilton, Ontario, on November 12, 2025 after the G7 foreign ministers meeting. (Photo by Mandel NGAN / POOL / AFP)

US Secretary of State Marco Rubio said on Thursday that the US was sanctioning two judges of the International Criminal Court for targeting Israel.

"Today, I am designating two International Criminal Court (ICC) judges, Gocha Lordkipanidze of Georgia and Erdenebalsuren Damdin of Mongolia, pursuant to Executive Order 14203," Rubio said in a statement, referring to the order President Donald Trump signed in February sanctioning the ICC, Reuters reported.

"These individuals have directly engaged in efforts by the ICC to investigate, arrest, detain, or prosecute Israeli nationals, without Israel's consent," he said.

The United States and Israel are not members of the ICC.

The US sanctions in February include freezing any US assets of those designated and barring them and their families from visiting the United States.


US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
TT

US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca

The United States imposed sanctions on Thursday on 29 vessels and their management firms, the Treasury Department said, as Washington continues targeting Tehran's "shadow fleet" it says exports Iranian petroleum and petroleum products, Reuters reported.

The targeted vessels and companies have transported hundreds of millions of dollars of the products through deceptive shipping practices, Treasury said.

Thursday's action also targets businessman Hatem Elsaid Farid Ibrahim Sakr, whose companies are associated with seven of the vessels cited, as well as multiple shipping companies.


Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP
TT

Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP

Ukraine is facing a foreign aid shortfall of 45-50 billion euros ($53-59 billion) in 2026, President Volodymyr Zelenskiy said on Thursday, Reuters reported.

He added that if Kyiv did not receive a first tranche of a loan secured by Russian assets by next spring, it would have to significantly cut drone production.

Speaking in Brussels as EU leaders were set to take a decision on Moscow's seized sovereign wealth, Zelenskiy said this would mean that Ukraine would have far fewer drones than Russia, and would not be able to conduct long-range strikes on Russian energy facilities.