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China Laughs At Bessent's Oil Sanctions On Iran

Despite Treasury Secretary Scott Bessent’s promise of “Economic D-Day” for Iran, China is still importing about the same amount of oil from Iran as it did last year. Without China, the US embargo is just a pipe dream. Also today: Media Spin on CIA Chief’s Moscow visit and fake Israeli AI think tanks.
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— Axios The "economic D-Day" for Iran announced by President Trump took place on Monday without the promised "shock and awe" effect, turning into just another extended ultimatum, the portal writes. The U.S. Treasury Department has blacklisted over 60 Iran-related targets and expanded the scope of secondary sanctions. Treasury Secretary Scott Bessent stated that each country has deadlines for halting activities, but did not mention specific dates…

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foreignpolicyjournal.com broke the news on Thursday, August 27, 2026.
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