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Iran tensions

US imposes sanctions on companies in Iran, China and UAE

Jiangyin Mascot Special Steel penalized for business with Iranian entities

The new U.S. sanctions are the latest in a series of measures aimed at increasing pressure on Tehran in the waning days of President Donald Trump's administration, which ends Jan. 20.    © Reuters

WASHINGTON (Reuters) -- The United States on Friday imposed sanctions on companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.

They are the latest in a series of measures aimed at stepping up pressure on Tehran in the waning days of President Donald Trump's administration, which ends on Wednesday.

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