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US Administration Prepares New Sanctions Campaign Against Iran

US Administration Prepares New Sanctions Campaign Against Iran

Al Jazeera1h
THE BRIEF
1

US Treasury Secretary Scott Bessent is set to unveil a new sanctions campaign against Iran at 17:00 GMT on Monday, aiming to sever the nation's economic lifelines.

2

China, Iran's largest trade partner, reported $9.96bn in two-way trade in 2025, with Iranian oil shipments to Beijing accounting for approximately 90 percent of Tehran's total oil sales.

3

President Donald Trump is scheduled to host Chinese leader Xi Jinping at the White House on September 24, a meeting that could be complicated by potential US economic retaliation against Beijing.