Trump Targets China in New Iran Sanctions Push
US President Donald Trump is considering additional economic measures against Iran, targeting Chinese oil buyers, banks, and other entities accused of helping Tehran maintain access to international markets.
The potential measures come as Washington looks for ways to increase pressure on Tehran, with a focus on restricting Iran's ability to generate revenue from oil and operate through financial networks outside the reach of existing sanctions.
The US has already imposed extensive sanctions on Iran, targeting individuals, companies, vessels, and other parts of the country's economy. The objective is to restrict Iran's access to international financing and reduce the revenue available to the government.
Oil remains central to that strategy, with Iran relying heavily on crude oil exports to generate foreign currency, while China has remained a major destination for Iranian petroleum.