Trump Administration Vague on Sanctions Against Nations Buying Iranian Oil
President Trump declined to specify whether he would sanction Chinese banks for purchasing Iranian crude, following earlier Treasury threats against global buyers of Tehran's oil.
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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 months after the May summit between President X...
By Zhou Xiaoming
Read full article →Trump remains vague on sanctions plan for Iran’s partners
President Donald Trump remained vague Friday when asked about his campaign to choke off Iran’s economy, refusing to say whether he planned to sanction Chinese banks or if he’d discussed the matter with foreign counterparts. The administration announced earlier this week Operation Economic Outcast, which threatened tough new sanctions on Iran’s trading partners if they … The post Trump remains vague on sanctions plan for Iran’s partners appeared first on Egypt Independent.
By CNN
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