Key Points
- The US has launched an economic assault on Iran's global financial connections
- China is Iran's largest trading partner and leading oil buyer
- The US is trying to pressure Iran without disrupting its trade relations with China
By the Numbers
The US Treasury has launched an 'economic assault' on Iran's global financial connections. However, a major obstacle is China, Iran's largest trading partner and leading oil buyer. As the US tries to isolate Iran from its remaining economic partners, President Donald Trump is set to host Chinese leader Xi Jinping next month. The US economic move against Iran is also affecting China. China claims to conduct its relations with Iran 'within the framework of international law'. However, the US is concerned about China's oil trade with Iran. Experts believe that the US economic move will not be effective unless it targets China. The US is trying to pressure Iran without disrupting its trade relations with China.
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Frequently Asked Questions
- What is the US economic assault on Iran?
- The US has launched an economic assault on Iran's global financial connections
- How does China conduct its relations with Iran?
- China claims to conduct its relations with Iran within the framework of international law
- How will the US affect its trade relations with China?
- The US is trying to pressure Iran without disrupting its trade relations with China
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Read the full story at the sourceinquirer.comHow we produce our content →This story across sources · 4 · 4 countries
- The Philadelphia Inquirer·
- Middle East Türkiye·
- Mint·
- Donya-e-Eqtesad·