A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in July 2005. Photo: Reuters
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in July 2005. Photo: Reuters

US sanctions Russia-backed Iran oil smuggling network involving Chinese firms

  • The US Treasury says the group raised hundreds of millions for Iran’s Quds Force and Lebanese allies Hezbollah, and helped support proxy militant groups
  • The move comes amid stalled negotiations as Washington tries to revive a nuclear deal with Iran

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in July 2005. Photo: Reuters
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in July 2005. Photo: Reuters
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