Published Aug 21, 2026, 6:46 AM ET · Updated 3 months ago · 1 source

US has limited additional economic pressure options on Iran

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Original Report

The US has limited additional options for economic pressure on Iran beyond existing sanctions and the oil tanker blockade, which has already reduced Iranian oil exports to near zero. Persuading countries like China to cease trade with Iran would be crucial for further impact, but imposing secondary sanctions on China would be a major step given the broader US-China relationship and an upcoming meeting between Trump and Xi Jinping.