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US sanctions target Iran as China declines cooperation
The United States announced new sanctions targeting Iran, expanding their scope to include countries that engage with Tehran economically, especially China, in an effort to impose an economic blockade on Iran. Despite Washington's threats, China has expressed its firm commitment to its rights and interests and shown no willingness to cooperate with U.S. sanctions, particularly in the oil sector, which Iran relies on heavily. Reports indicate that isolating the Iranian economy requires China's cooperation, but Beijing possesses its own tools to safeguard its interests, including continuing to import Iranian oil through alternative channels, thereby complicating Washington's efforts. Although some Chinese entities have been sanctioned, the U.S. has not targeted major banks, and China remains steadfast in its economic sovereignty. It is also expected that China will only change its stance if the costs of supporting Iran increase significantly for them.
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