US Iran Sanctions Plan Targets Oil Trade and Global Partners
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US Iran Sanctions
TLDR: US Iran sanctions will broaden Washington’s pressure campaign against Tehran. Foreign companies supporting Iranian commerce could also face penalties. China bought over 80% of Iran’s shipped oil during 2025, Kpler data show. Beijing continues advocating diplomacy instead of economic isolation. The Strait of Hormuz blockade has sharply reduced tanker traffic. Ongoing disruption has supported [...]
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Source: Source: Blockonomi