Beijing warns it will take 'all necessary measures' after US threatens sanctions on firms trading with Tehran, while Iran vows to push back.
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China has denounced US threats of sanctions against companies doing business with Iran, warning it will take "all necessary measures" to protect its national interests. Beijing called any such US measures illegal, escalating a confrontation over US efforts to isolate Tehran economically. The US has threatened to sanction nations that continue trading with Iran, which sells much of its oil to Beijing.
The US is expanding sanctions on Iran's financial networks, targeting cryptocurrency, gold, aviation, and shipping sectors. According to analysis from DW, these measures may fuel inflation and strengthen informal markets without changing Tehran's behavior. The sanctions specifically target Iran's shadow economy, though analysts question their effectiveness in altering Tehran's policies.
Iran has vowed to push back against what it called a US "economic D-day," with key trading partners expected to resist American pressure. Meanwhile, Pakistan has reported progress in US-Iran mediation efforts, suggesting diplomatic channels remain active despite the escalating economic pressure.
The US is also preparing to send diplomats back to Middle East embassies following evacuations during Iran war tensions, per New York Times reporting. However, the Trump administration continues to pressure China while reportedly sparing major banks—potentially to preserve space for upcoming talks between Trump and Xi Jinping.
Sources: 1.