B1 Intermediate · 277 words · 2 min read

China Calls New US Sanctions on Iran Illegal as Oil Trade Comes Under Pressure

Beijing has promised to take all necessary measures after Washington announced sanctions on Iran and on nations that trade with it

China has vowed to protect its interests after the United States announced plans to widen economic sanctions against Iran and its trading partners, which include Beijing. Foreign ministry spokesman Lin Jian said China was firmly opposed to what he called "illegal unilateral sanctions" and would take "all necessary measures" to safeguard its rights.

"Cooperation between China and Iran has always been conducted within the framework of international law and should not be interfered with or disrupted," Lin said. China is the biggest buyer of Iranian oil, although the trade has declined under the US blockade of Iran's ports.

The measures were announced on Monday by US Treasury Secretary Scott Bessent, who described them as "the single greatest financial offensive ever" against Iran. He said banks and businesses would share in Iran's isolation if they refused to cut ties with the country, and made clear that no one was above the reach of US sanctions. Sanctions were imposed on almost 60 entities, individuals and vessels. President Donald Trump is expected to phone world leaders with requests to stop dealing with Iran, ahead of planned talks with Chinese President Xi Jinping next month.

Iranian Economy Minister Ali Madanizadeh said Tehran was "fully prepared" and had a two-year plan to manage the situation. UK Chancellor John Healey said Britain supported US efforts to find a diplomatic solution.

Some analysts doubt the measures will work quickly. David Oxley of Capital Economics told the BBC the effect on Iran's energy revenues would be "somewhat of a damp squib", partly because roughly 90% of Iran's oil goes to China. The war began almost six months ago, and a 60-day ceasefire expired last week.

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