The U.S. Department of the Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of facilitating Iranian oil shipments to China. The sanctions will affect people and groups in numerous countries,

The sanctions target entities and individuals in China, India and the United Arab Emirates, as well as several vessels.

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating the shipment of millions of barrels of Iranian oil to China.