US May Target Chinese Banks Dealing With Iran ｜ WION World Business Watch

The United States is looking to turn up the economic pressure on Iran, with Washington considering a new round of sanctions to strangle Tehran's oil and financial networks. The focus could now shift to Chinese banks, oil buyers, shipping networks and exchange houses. But the bigger the economic squeeze, the greater the risk of a global financial and energy shock.

#unitedstates #hormuz #iran #trump #wion