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2026-08-27T02:00:00.000Z

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Arab expatriates top foreign earners in Germany

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21 Hrs2026-08-27T05:41:19.000Z
Arab expatriates top foreign earners in Germany

US Carrier Roosevelt to Middle East

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US Carrier Roosevelt to Middle East

Armenia court prolongs Kocharyan's detention

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21 Hrs2026-08-27T05:14:34.000Z
Armenia court prolongs Kocharyan's detention

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Expected rate hikes strengthen dollar

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21 Hrs2026-08-27T05:00:01.000Z
Expected rate hikes strengthen dollar
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Does Trump rely on China to harm Iran's economy

Does Trump rely on China to harm Iran's economy

Trump's strategy revolves around exerting pressure on Iran through imposing strict economic sanctions, but its success heavily depends on cooperation with China, which is the largest importer of Iranian oil and maintains its commercial relations with Tehran despite U.S. sanctions. The Trump administration faces difficulty convincing Beijing to cut its ties with Iran, as China rejects unilateral sanctions and deems them illegal, warning that economic escalation could increase tensions and threaten the global financial system. The strong trade relationship between China and Iran undermines the effectiveness of American sanctions in achieving significant results, as China has leverage through its dependence on rare metals and global supply chains. However, China's purchases of Iranian oil have decreased compared to last year, as Beijing seeks to maintain an independent course and avoid becoming a tool for Washington. China stresses the importance of dialogue and self-restraint. Meanwhile, the United States continues to target certain Chinese institutions with financial sanctions to ensure the enforcement of its measures, while China remains committed to its stance based on economic interests and global relations.

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