Will U.S.-Iran sanctions work without taking on China?
CNBC Television·2026-08-25 13:54

And as the United States has called this an economic D-Day against Iran, do the sanctions actually work without ultimately taking on Beijing with it. >> The sanction is mostly targeting on the Beijing connection uh with the Iranian trade and it's narrowly concentrated in oil. And from the Beijing perspective, I don't think it's going to defend Iran against the West because Chinese authorities care more about the dollar access in financing and market entry to the US.So if we compare this to the May episode w ...

Will U.S.-Iran sanctions work without taking on China? - Reportify