US-Israel-Iran War Live News: US ‘Hopes’ to Avoid Secondary Sanctions on China Over Iranian Crude Oil Purchases
4 Articles
4 Articles
Will US threats over Iran be the last straw for Beijing?
Earlier this month, when US Treasury Secretary Scott Bessent threatened sanctions against any nation continuing to purchase Iranian crude oil, he did not name China. He did not need to. China, the Islamic Republic’s largest oil customer, is squarely in Washington’s crosshairs. The US has already unveiled new sanctions against 60 individuals, companies and vessels linked to Iranian trade, including some in mainland China and Hong Kong. Just three…
Taking broad economic measures against Beijing could be diplomatically difficult, Mark Pfeiffer
A former US national security official says Washington hopes it will not have to impose secondary sanctions on Chinese buyers of Iranian crude oil and is keeping the measure as a backup option for now.
US-Israel-Iran War Live News: US ‘Hopes’ to Avoid Secondary Sanctions on China Over Iranian Crude Oil Purchases
The United States is keeping secondary sanctions on China in reserve, expressing hope that it will not be forced to deploy them against Beijing over its continued purchases of Iranian crude oil. The post US-Israel-Iran War Live News: US ‘Hopes’ to Avoid Secondary Sanctions on China Over Iranian Crude Oil Purchases appeared first on The Sunday Guardian.
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