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2026-09-02T05:29:15.129Z

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China Opposes Hormuz Statement as US Monitors Guard Assets

China Opposes Hormuz Statement as US Monitors Guard Assets

The articles discussed the United States' efforts to tighten sanctions on Iran as part of an economic campaign aimed at isolating it from the global financial system. The U.S. Treasury Secretary confirmed that Washington will pursue any entity supporting Iran or dealing with the Revolutionary Guards, including freezing assets and applying pressure on banks and companies associated with them. He also indicated that the sanctions will target aircraft leasing companies and other entities related to Iran, with a focus on identifying the Revolutionary Guards' assets around the world. At the same time, a statement issued by the G20 emphasized the need to ensure maritime security through the Strait of Hormuz and to address increasing disruptions in energy trade, reflecting Iran's escalation through its shadow fleet network to disrupt its oil exports away from international scrutiny.

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