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New Iran Sanctions Could Put China Oil Trade in Focus
Posted
August 15, 2026
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2,144
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August 15, 2026
2,144
24
11
1.63%
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5:15Now PlayingThe Trump administration is considering additional sanctions on Iran as the Strait of Hormuz blockade squeezes oil flows and keeps pressure on US gasoline prices. Joining Bloomberg This Weekend is Axios Business Reporter Nathan Bomey who says Washington could target companies or countries doing business with Iran, potentially putting China and its purchases of Iranian oil in the spotlight.
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