China is Iran's top trade partner and provides a lifeline to Tehran mainly through oil purchases, but also with banking, technology and dual-use goods, which can be used both for civilian and military purposes. When asked whether Chinese banks would be included in the new measures, Bessent warned that "no one was above the reach of US sanctions."
mandag 31. august 2026
Could new US sanctions tear China and Iran apart?
China has pushed back on what it called "illegal unilateral sanctions" after the US announced new measures earlier this week to cut off all potential sources of revenue to Iran. US Treasury Secretary Scott Bessent on Monday described the sanctions package as an "economic D-Day" against Iran and warned any economic engagement with the regime would "expose those responsible to the full reach" of US power.
China is Iran's top trade partner and provides a lifeline to Tehran mainly through oil purchases, but also with banking, technology and dual-use goods, which can be used both for civilian and military purposes. When asked whether Chinese banks would be included in the new measures, Bessent warned that "no one was above the reach of US sanctions."
China is Iran's top trade partner and provides a lifeline to Tehran mainly through oil purchases, but also with banking, technology and dual-use goods, which can be used both for civilian and military purposes. When asked whether Chinese banks would be included in the new measures, Bessent warned that "no one was above the reach of US sanctions."