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Treasury Expands Iran Sanctions Without Targeting Major Chinese Banks

The Trump administration has revealed the details of its “economic D-Day” campaign against Iran, expanding secondary sanctions that threaten foreign companies with exclusion from the U.S.

  • Treasury expands Iran sanctions to digital assets, technology, gold, aviation, and shipping sectors.
  • China remains major buyer of Iran's seaborne oil, comprising over 80% of imports.
  • Treasury did not sanction major Chinese banks involved in Iran oil transactions.

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