If the U.S. wants to end the war with Iran by way of economic sanctions, China is key

TL;DR

The U.S. has intensified sanctions on Iran with "Operation Economic Outcast" to pressure the regime into ending a prolonged war and reopening the Strait of Hormuz.
Treasury Secretary Scott Bessent stated the U.S. is "ending" the Iranian threat through sanctions designed to "sever every economic lifeline."
Iran experts are skeptical that the new sanctions will be effective, arguing that Iran has historically found ways to circumvent such measures.
Analysts believe the sanctions' impact is limited because they do not target China's major financial institutions, which are crucial to Iran's economy.
While the UAE has cut off trade with Iran, potentially impacting its access to foreign currency, China remains Iran's primary economic lifeline through oil purchases.
Iran's Economy Minister expressed confidence in the country's preparedness for the sanctions, stating that neither China nor Russia have accepted the U.S. measures.
The Iranian currency has significantly devalued under decades of U.S. sanctions, and maritime trade costs have increased dramatically.

Continue reading the original article