Iran, Trump and US sanctions
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The US says it’ll crack down on countries doing business with Iran. Who’s buying Iranian oil?
US Treasury Secretary Scott Bessent on Monday vowed an “economic D-Day” for countries that buy oil from Iran. Experts say that means one country in particular: China.
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LONDON, June 23 - The U.S. has started waiving some sanctions on Iran under their interim deal to end the war, but fully unravelling a tangled web of restrictions on the country's activities and trade under any more comprehensive agreement will be much harder.
Iran warns countries backing US sanctions will be treated as enemies. Reconstruction funding in a US-Iran deal in 2026 at 16.5% YES.