US sanctions Chinese entities, issues global warning on ‘Economic D-Day’ against Iran

South China Morning Post·August 24, 2026 at 6:03 PM+3

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The United States on Monday announced fresh sanctions against 60 entities in multiple countries, including China and Hong Kong, and issued a fresh warning demanding “immediate action” from nations maintaining economic and commercial ties with Iran. The actions announced on Monday are part of the Trump administration’s latest efforts to choke off Tehran economically after military strikes and diplomatic negotiations failed to reopen the Strait of Hormuz and end the six-month-long conflict. Dubbed...

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US sanctions Chinese entities, issues global warning on ‘Economic D-Day’ against Iran

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