The Treasury sanctions are directed at more than a dozen people and companies based in China, India and the United Arab Emirates.

U.S. concerns about Iran developing nuclear weapons are not a complicated issue and can be resolved given Tehran's opposition to weapons of mass destruction, Iran's Foreign Minister Abbas Araqchi said on Wednesday,

President Donald Trump cays he wants to avoid conflict with Iran and called for negotiations to create a new nuclear peace agreement with Tehran.

President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign his administration had pledged, according to shippers and analysts.

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.