💨 Abstract

US President Donald Trump has warned of sanctions for countries or individuals buying Iranian oil or petrochemical products. Any nation found doing so will face secondary sanctions and will be barred from trading with the US. This comes two weeks after the US imposed sanctions on a Chinese refinery for purchasing over $1 billion worth of Iranian crude oil. The US aims to stop Iran's illicit oil exports, particularly to China.

Courtesy: theprint.in

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