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Summary US is expected to start imposing sanctions on financial institutions in countries trading with Iran.
Secretary of State Hillary Clinton has called on China to support a U.S. call for countries to cut back on imports of Iranian oil to increase pressure on the Islamic republic over its nuclear program.Speaking on May 4 in Beijing on the second day of talks with Chinese officials, Clinton said a strong and united stance on Iran was the best chance of compelling Tehran to address international concerns about its suspected nuclear-weapons program.The United States next month is expected to start imposing sanctions on financial institutions in countries that continue to purchase Iranian oil.China, a major purchaser of Iranian oil, is opposed to the U.S. sanctions, but reports say it has begun gradually decreasing its consumption of Iranian crude.Iran denies allegations its nuclear program has a weapons element.
