U.S. Sanctions on Iran: A Diplomatic Standoff with China
Scott Bessent said the package will target Iran’s oil revenue and could reduce the need for new military action, while China rejects sanctions.
- On Wednesday, President Donald Trump promised "Economic Warfare and Isolation on an unprecedented scale" against Iran, with Treasury Secretary Scott Bessent vowing to impose "the toughest sanctions in history."
- The United States imposed a naval blockade on Iran in April to curb shipping through the Strait of Hormuz, a waterway carrying about a fifth of all traded oil before the conflict disrupted supply chains.
- Beijing buys more than 80% of Iran's shipped oil, prompting Trump to warn that any country providing "any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences" from Washington.
- Iranian Foreign Minister Abbas Araqchi condemned the move as "economic terrorism," arguing the measures distract from American domestic financial problems, while China rejected U.S. pressure as counterproductive.
- Bessent promised to share more details at a press conference on Monday, asserting that "maximum economic pressure" will likely prevent large-scale military operations in the region.
19 Articles
19 Articles
The Canberra Times
Iran vows 'devastating' response to US economic threat
The US warns it's going to hit Iran with "the toughest sanctions in history" and will collapse its...
China rejects US demand to join ‘toughest ever’ Iran sanctions
Beijing has called for diplomacy after Treasury Secretary Scott Bessent urged countries to join Washington’s economic campaign against Tehran China has refused to join a US plan to “squash” Iran’s economy, rejecting Washington’s push to be part of the “toughest sanctions in history” against the Islamic Republic. On Thursday, US Treasury Secretary Scott Bessent called...
Hawaii Tribune-Herald
US will impose ‘toughest sanctions in history’ on Iran, Bessent says
WASHINGTON/DUBAI — The U.S. will impose “the toughest sanctions in history” on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran. The post US will impose ‘toughest sanctions in history’ on Iran, Bessent says appeared first on Hawaii Tribune-Herald.
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