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130 new news items in the last 24 hours
  1. Home
  2. Economy
12 hours ago

Donald Trump threatens with the economic isolation of Iran.

Adrian Rusu
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21 August 2026, 05:34
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Economy
Foto: Jim LoScalzo / Pool via CNP / SplashNews.com / Splash / Profimedia
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Threats from American President Donald Trump regarding sanctions for countries that continue to support Iran could have a significant impact on Tehran's trade network, including partners such as China, the United Arab Emirates, Turkey, Iraq, and Pakistan.


China, the main buyer of Iranian oil, has developed an independent refining system to avoid sanctions, and by 2025, Chinese purchases are estimated at 1.38 million barrels per day. The United Arab Emirates, which provided 30% of Iranian imports, has recently suspended economic transactions with Iran. Turkey maintains trade relations of about 5-6 billion dollars annually, while Iraq relies on Iranian gas for electricity production, with trade exchanges exceeding 10 billion dollars.

Pakistan aims to increase bilateral trade with Iran to 10 billion dollars, while India has drastically reduced trade relations. American sanctions could force these countries to choose between maintaining economic relations with Iran and the risks of sanctions imposed by Washington.

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Trump ameninţă cu izolarea economică a Iranului: China, Turcia şi Irakul, printre principalii parteneri comerciali ai Teheranului

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NEWS ON THE SAME TOPICS

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International
Iran has suspended talks with the USA in Switzerland, protesting against Donald Trump's threats regarding bombing the country.
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Economy
The USA temporarily suspends sanctions against Iran for aid.
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The USA reinstates the naval blockade against Iran and taxes goods from the Strait of Hormuz
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Donald Trump stated that the naval blockade of the USA against Iran will only be lifted in the case of an agreement or a total capitulation of Tehran.
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"Major progress" in Iran's negotiations with the USA and the lifting of restrictions on oil
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Iran threatens the USA with a "devastating" response after new sanctions
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