International
US Targets Iran's Trade Lifelines With New Sanction Threats

US Targets Iran's Trade Lifelines With New Sanction Threats

CNBC14h
THE BRIEF
1

The US Treasury has vowed to dismantle Iran's economic lifelines, warning global trading partners of potential exclusion from the dollar system if they continue dealings.

2

Major economies, including China and India, face significant exposure as the US prepares to escalate its economic warfare against Tehran.

3

Beijing has defended its ongoing cooperation with Iran, cautioning the US against disrupting established international trade channels.