President Donald Trump and Chinese President Xi Jinping pose ahead of their summit talk at Gimhae International Airport in Busan, South Korea. (Photo: AP) The US Treasury Department imposed sanctions against 12 individuals and entities on Monday, which are accused of allegedly helping Iran’s Islamic Revolutionary Guard Corps for selling and transporting oil to China. The sanctions target companies and individuals based in Hong Kong, Iran, the UAE and Oman. The move by the US Treasury Department followed an embargo announced on Friday against entities and officials for helping purchase Iranian weapons and components which are utilised in making drones and ballistic missiles. China “firmly opposes” United States’ sanctions against 12 individuals and entities that it said facilitated the sale and shipment of Iranian oil to China.…