U.S. Warns China Over Iranian Oil as Sanctions Fight Intensifies
China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
It Is Happening Every Day, Every Where
China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
The conflict has morphed into a volatile standoff in the Strait of Hormuz, as the economic costs mount and President Trump faces a political backlash at home.
Iranian leaders fear being burned again by President Trump, who tore up a nuclear agreement reached during the Obama administration after lengthy negotiations.
Experts and former officials said it was unusual for a cabinet secretary to try to influence the Treasury Department’s sanctions process to target a domestic entity.
Iran rejects any deal that would ban it from any nuclear enrichment, long a demand of U.S. conservatives.
A hard-line aide to the Russian president will instead lead the delegation, according to a Kremlin statement.
“The sanctions were really crippling,” President Trump said, before he traveled to Qatar, where he was given a lavish welcome.
Moscow thinks it’s winning in Ukraine and can play hardball diplomatically. Washington sees costly, incremental gains and an unrealistic negotiating position.
Syria’s new leaders and their allies in the Arab world have argued that the sanctions, meant to punish the Assad regime that was toppled in December, have outlived their purpose.