US cracks down on firms aiding Iran oil trade with China

Hong Kong-based Jiandi HK, which signed a deal with the IRGC to purchase tens of millions of dollars of Iranian oil.

Hong Kong-based Max Honor International Trade Co, which purchased millions of barrels of Iranian oil from the IRGC in 2025.

Dubai-based Blanca Goods Wholesaler.

Dubai-based Universal Fortune Trading, which Treasury said had also been used as a front company by the National Iranian Oil Company (NIOC).

(Reporting by Andrea Shalal, Ismail Shakil and Daphne Psaledakis; Editing by Katharine Jackson, Sanjeev Miglani and Stephen Coates)