U.S. Treasury Secretary Scott Bessent urges allies and China to support economic war on Iran as conflict nears six-month mark
U.S. Treasury Secretary Scott Bessent called on allies and China to join economic sanctions against Iran, marking a shift from military to economic pressure. The conflict, which has reached its sixth month, remains centered on the Strait of Hormuz. China's reliance on Gulf energy was cited as a reason for its potential cooperation.
Where Sources Diverge
The hindu mentions the conflict nearing its six-month mark, while scmp and times-of-india refer to the collapse of negotiations to reopen the Strait of Hormuz.
The war drags toward the six-month mark.
Negotiations to reopen the Strait of Hormuz and end the six-month conflict collapsed.
The Strait of Hormuz remains a critical point in this ongoing dispute.
Timelines
Sources
The United States on Thursday urged allies and China to join its campaign to isolate Iran's economy, as President Donald Trump seeks to intensify pressure on Tehran amid a stalemate in the war and growing domestic criticism.
The United States is preparing unprecedented sanctions against Iran. These measures aim to increase economic pressure on Tehran significantly. Washington also seeks cooperation from China regarding Iranian oil trade. China rejects sanctions and advocates for diplomatic solutions to the conflict. The Strait of Hormuz remains a critical point in this ongoing dispute.
U.S. Treasury Secretary Scott Bessent’s comments underscored how Mr. Trump is shifting to economic rather than military pressure on Tehran the war drags toward the six-month mark
US Treasury Secretary Scott Bessent on Thursday urged China to join Washington’s latest efforts to economically pressure and isolate Iran after negotiations to reopen the Strait of Hormuz and end the six-month conflict collapsed. “Keep in mind, the Chinese get 50 per cent of their energy from the Gulf. So, it would do them a big service to get with the programme,” Bessent told CNBC when asked whether the new economic sanctions would include China. Bessent also said that “many conversations are...