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New US Sanctions Target Iranian Petroleum, Petrochemical Trade

WASHINGTON – The United States imposed sanctions Thursday on firms it said had transported or sold Iranian petroleum or petrochemical products in violation of U.S. restrictions, including two companies based in China.

The sanctions are part of a Washington push to curb Iranian oil smuggling and come as efforts to revive Tehran’s 2015 nuclear deal have stalled in part because of the increasingly strained ties betw