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Bangkok Post

What the latest US financial threats against Iran mean for China

Iran China Tehran Economy The United States

The United States has threatened Iran with what it calls "the greatest financial offensive ever marshaled," with new sanctions targeting Tehran's trading partners set to take effect on Monday (August 24). China, as the biggest buyer of Iranian oil, is a key focus of any effort to squeeze Tehran's economy. Tony Munroe, Reuters' Asia Commodities and Energy Editor, explains. - REUTERS

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