The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU, and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the U.S. will be working to cut off Iran’s access to the oil market. “It is our intent to enforce sanctions on Iran-related-oil against everybody, including China,” Secretary Mnuchin said in his testimony before the House Financial Services Committee. Oil prices jumped two weeks ago, after the U.S. said that it would look to get Iranian oil exports “down to zero” when sanctions return in early November. The U.S. also said that it may refuse to issue waivers, but later clarified that position saying that it would “work with those countries importing Iranian crude oil to get as many of them as possible down to zero by Nov. 4.” “We are prepared to work with countries that are reducing their imports […]