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U.S. Targets Iran as China Watches | Dover News
The U.S. Treasury just launched Operation Economic Outcast, targeting 60 Iran-linked entities worldwide—including Chinese and Hong Kong-based firms—to choke off Iran’s financial and oil flows. But with President Trump preparing to host Xi Jinping, Washington walks a tightrope: pressuring Iran without alienating China, Iran’s biggest trade partner. Beijing is staying cool, insisting its ties with Tehran are legal and will respond only if forced, likely cutting back slightly on Iranian oil rather than cutting ties. Analysts say China’s playing it smart—waiting to see how much pressure the U.S…
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