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U.S. Targets Iran’s Financial Lifelines | San Antonio News
The U.S. Treasury slams Iran with a sweeping financial embargo, targeting 60 entities tied to nuclear and oil operations — including Chinese and Hong Kong-linked players — in a bold move called “Operation Economic Outcast.” But with President Trump preparing to host Xi Jinping soon, Washington walks a tightrope: pushing China too hard could derail diplomacy. Beijing stays cool, calling sanctions illegal and pledging to protect its interests while doing just enough to appear compliant. Analysts believe China will strategically limit cooperation — enough to signal alignment without fully…
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