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The United States has sanctioned eight shipping companies based in mainland China and Hong Kong for operating tankers that delivered Iranian oil to China and the UAE, part of Washington's broader campaign against Tehran's sanctions evasion network.
The United States has imposed sanctions on 10 Chinese shipping companies and two Iranian insurance firms, accusing them of facilitating Iranian oil trade in violation of American restrictions. The move underscores escalating tensions over Iran policy.
US President Donald Trump has escalated rhetoric by threatening to destroy Iranian infrastructure for each attack on ships in the Strait of Hormuz, intensifying regional tensions despite a June peace framework agreement.
Sabah's state assembly has approved amendments to the Sabah Ports Authority Enactment 1981, updating ministerial responsibilities following a cabinet reshuffle that transferred port affairs oversight from public works to industrial development.
Malaysia's port sector stands to benefit from ongoing supply chain diversification and transhipment growth, while positioning itself as a regional hub for sustainable marine fuels.