The Success of Sanctions Depends on China, Which Buys 90% of Iran's Crude Oil.
4 Articles
4 Articles
Iran is exporting its oil past all the blockades, Washington is threatening the country and all its collaborators with new sanctions.
In the last few days and weeks, Trump and his administration have worked the last stride in the war against the Tehran regime: an economic campaign that further isolates Iran from global finance and enforces an agreement on its nuclear program, the U.S. President’s great goal is that meeting that plan has a problem: it requires a direct confrontation with China, Iran’s great sustenance. And Trump will have to strike a balance between achieving a…
As the United States decides to implement an "economic bullying operation" to expel even third-country companies and banks doing business with Iran from the U.S. financial network, global attention is focused on whether the operation will succeed. Two Middle East experts interviewed by this newspaper on the 24th (local time) offered the analysis that "success ultimately depends on China's moves." They argue that if China, which accounts for more…
Even with few details known about the new measures, there are already Chinese and Hong Kong entities that are being sanctioned by the USA. The isolation of the Tehran regime will have to go through the second largest economy in the world, which buys the majority of the oil produced by Iran.
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- 67% of the sources lean Right
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