Iran's trade web endures US sanctions, led by China and neighbors

1 min read
Source: BBC
Iran's trade web endures US sanctions, led by China and neighbors
Photo: BBC
TL;DR Summary

China remains Iran's biggest buyer, accounting for a large share of its exports, with Turkey, Pakistan and Armenia among major trading partners; analysts say the US's new “economic D-Day” sanctions may tighten revenue but face enforcement hurdles, implying a possibly limited and gradual impact while markets have shown muted reactions.

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