US warns China over Iranian oil as sanctions fight intensifies.

Treasury Secretary Scott Bessent testifies during a Senate Appropriations subcommittee hearing on the 2027 budget request for the Department of the Treasury on Capitol Hill in Washington, April 22, 2026. The United States on Monday, May 4, 2006, urged China to push Iran to open the Strait of Hormuz and said that its purchases of Iranian oil amounted to funding global terrorism, delivering a stern rebuke ahead of President Trump’s meeting in Beijing this month with the Chinese leader, Xi...

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