US sanctions on Iran face doubts after failed strikes

irishtimes.com

President Trump and Treasury Secretary Scott Bessent announced "economic D-Day" for Iran, a new sanctions campaign to collapse its economy after US bombing of Iran failed to halt Iran's nuclear program, costing over $100 billion and 18 American lives. The plan, Operation Economic Outcast, aims to sever all financial lifelines to Iran, but faces unresolved questions, including China's cooperation, as Trump's military action failed to force Iran's nuclear stockpiles of 11 tons of enriched uranium, a key issue. The plan's success depends on China, with China purchased over 80% of Iran's oil exports in 2025, and Beijing's participation is a key issue.


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