The US says it’ll crack down on countries doing business with Iran. Who’s buying Iranian oil?

The US says it’ll crack down on countries doing business with Iran. Who’s buying Iranian oil?

US Treasury Secretary Scott Bessent on Monday vowed an “economic D-Day” for countries that buy oil from Iran. Experts say that means one country in particular: China. Bessent didn’t name China on Monday, but he left little room for doubt. “We find that the best way to engage with countries is thro...

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