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U.S. Sanctions Iran While Letting China Off the Hook | US News
The U.S. is quietly reshaping its sanctions strategy against Iran — deliberately leaving China off the hook to avoid escalating tensions with Beijing. While Washington targets global trade channels like digital assets, tech, and shipping to strangle Iran’s economy, it’s giving Chinese banks and firms breathing room, allowing them to keep buying Iranian oil without direct punishment. China, importing half a million barrels daily, dismisses U.S. sanctions as illegal and vows to protect its interests — even as Treasury Secretary Scott Bessent warns Beijing that continued trade could trigger…
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