Trump, Netanyahu Push Iran Oil Leverage Against China

1 min read
Source: Axios
Trump, Netanyahu Push Iran Oil Leverage Against China
Photo: Axios
TL;DR Summary

Trump and Netanyahu vow to ramp up maximum economic pressure on Iran by targeting its oil sales to China, a move aimed at Tehran since about 80% of its oil exports go there; the effort will run alongside ongoing nuclear talks and a regional military buildup, with potential tariffs of up to 25% on countries trading with Iran under a new executive order, while both seek to stop Iran from obtaining nuclear weapons but differ on how to reach that goal, and a second round of talks in Geneva is planned.

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