U.S. lists new Iran sanctions on several Chinese firms


WASHINGTON: The United States on Monday announced new sanctions on a Chinese businessman and several companies for selling to Iran items banned under U.S. laws aimed at curbing that country's missile program.

A notice published on the Federal Register website marks at least the third time since 2006 that Li Fangwei, also known as Karl Lee, has faced U.S. penalties for supplying material and support to Iran's missile development.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bestari LSS project commences construction
IWC to dispose of JB leasehold land for RM72mil
Tomei FY25 net profit jumps to RM107mil
JCorp launches maiden sustainable finance plan
Teo Seng cautiously optimistic
More aggressive rollout of DC jobs in the offing
Khazanah weathers 2025 volatility with 5.2% returns
SD Guthrie warns dry spell may hinder 1Q growth
EHB plans business diversification
MISC wins ExxonMobil PNG charter

Others Also Read