US Economic Sanctions on Iran Complicated by Chinese Ties
The US has imposed economic sanctions on nearly 60 Iran-linked entities for supporting the country's nuclear and missile programs. However, this move may be complicated by China, which is Iran's biggest trading partner.
Treasury Secretary Scott Bessent declared an 'economic onslaught' on Iran's financial connections worldwide. Yet, Beijing is cautious in its response, as it has always claimed that cooperation with Iran has been within the framework of international law.
China receives over 80% of Iranian oil shipments but typically through indirect channels. Lin Jian, a Chinese foreign ministry spokesperson, stated that China-Iran cooperation 'should not be disrupted or undermined.'