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U.S. Tightens Grip on Iran's Trade | Charlotte News
The U.S. is tightening the economic noose on Iran, pushing allies like the UAE to sever ties — a blow that hits hard at a time when Iran’s economy is already reeling from years of sanctions and inflation. With trade heavily reliant on a few partners, losing key hubs like the UAE makes recovery harder. China, Iran’s top buyer and trading partner, remains the wildcard — quietly buying oil through backchannels while balancing regional interests. Russia’s help is limited, and countries like Turkey and Iraq walk a tightrope between U.S. pressure and Iranian dependence. The U.S. hopes China will…
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