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51 new news items in the last 24 hours
  1. Home
  2. Economy

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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Iranian leaders are beginning to acknowledge the economic effects of the conflict with the USA.
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Iran announces a two-year plan to cope with the sanctions imposed by the USA
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The US imposes new sanctions on companies and individuals in India and Turkey over ties to Iran and shipments of Iranian oil
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US threatens to block flights by Iranian airlines
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Iran accuses the USA of "economic terrorism". Abbas Araghchi calls on the UN to reject American coercive measures.
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Donald Trump declared that Iran is "completely collapsing", while negotiations to end the war with Iran are at an impasse.
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