Why China matters to Trump’s new Iran sanctions and how ‘Economic Outcast’ can impact India | Explained
The U.S. launched Operation Economic Outcast to isolate Iran economically, expecting major partners like China to reduce ties. China, responsible for about 90% of Iran's oil exports, plays a critical role in the sanctions' effectiveness. The new sanctions complicate India-Iran trade, impacting Indian businesses involved with Iranian imports and risking secondary sanctions from the U.S.