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US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions

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Aug 24th, 2026 US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions Vali Nasr, professor of international affairs & Middle East studies at Johns Hopkins University, said that he sees the declaration of new sanctions on Iran and its allies as a 'theatrical declaration' and less of a concrete move by the United States. Nasr said that the pressure on Iran's allies could potentially invite Chinese retaliation, which would widen the war 'out of the gulf and into the financial markets.'

Aug 24th, 2026 US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions Vali Nasr, professor of international affairs & Middle East studies at Johns Hopkins University, said that he sees the declaration of new sanctions on Iran and its allies as a 'theatrical declaration' and less of a concrete move by the United States. Nasr said that the pressure on Iran's allies could potentially invite Chinese retaliation, which would widen the war 'out of the gulf and into the financial markets.'
US (LOCATION) Iran (LOCATION) Trade Partners (ORG) Vali Nasr (PERSON) international affairs & Middle East (ORG) Johns Hopkins University (ORG) the United States (LOCATION) Nasr (PERSON) Chinese (ORG)
Originally published by Bloomberg Markets Read original →