China Defies US Sanctions Threats Over Iran Trade

1 min read
Source: The Guardian
China Defies US Sanctions Threats Over Iran Trade
Photo: The Guardian
TL;DR Summary

China denounces US threats of secondary sanctions on its Iran trade and vows to defend its interests, as Beijing remains Iran’s major oil customer. The US imposed sanctions on 60 entities tied to Iran but did not target Chinese financial institutions, signaling caution ahead of a Xi–Trump meeting. Analysts warn China could retaliate via financial markets or export controls, heightening risks to Hormuz shipping and global oil prices as the standoff shifts from military to economic pressure.

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