US issues sanctions on networks, vessels for dealing in Iran oil

The Trump administration issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said. The measures cover Greek national Antonios Margaritis and his network of companies and vessels that Treasury said was involved in transporting Iranian oil exports in violation of sanctions. Treasury also designated Ares Shipping Limited in Hong Kong, Comford Management in the Marshall Islands and Hong Kong Hangshun Shipping Limited in Hong Kong.