TRUMP'S IRAN CRACKDOWN RISKS CHINA BACKLASH Washington is preparing tougher measures to isolate Iran economically, targeting countries that
TRUMP'S IRAN CRACKDOWN RISKS CHINA BACKLASH Washington is preparing tougher measures to isolate Iran economically, targeting countries that continue trading with Tehran. China poses the biggest challenge, buying around 90% of Iran's oil exports. Targeting major Chinese banks or companies could disrupt Iran's key revenue source, but risks retaliation from Beijing and renewed U.S.-China tensions ahead of President Xi Jinping's Washington visit. Analysts also question whether tougher sanctions can significantly pressure Iran after decades of economic restrictions.
TRUMP'S IRAN CRACKDOWN RISKS CHINA BACKLASH Washington is preparing tougher measures to isolate Iran economically, targeting countries that continue trading with Tehran.
China poses the biggest challenge, buying around 90% of Iran's oil exports.
Targeting major Chinese banks or companies could disrupt Iran's key revenue source, but risks retaliation from Beijing and renewed U.S.-China tensions ahead of President Xi Jinping's Washington visit.
Analysts also question whether tougher sanctions can significantly pressure Iran after decades of economic restrictions.