Trump’s latest wave of Iran sanctions: Which 60 entities are targeted?

Key Points:

• The US has imposed new economic sanctions targeting nearly 60 individuals and entities involved in Iran's nuclear, missile, cyber, and oil revenue networks, aiming to sever Iran's economic lifelines amid ongoing conflict.
• Sanctions affect entities across multiple countries including Iran, China, Hong Kong, Singapore, Malaysia, the UK, France, Syria, Ukraine, Marshall Islands, and Greece, focusing on sectors such as digital assets, technology, gold, aviation, and shipping.
• Key targets include Iranian government ministries, procurement networks in East Asia, shipping companies facilitating Iranian oil exports, and intermediaries aiding Iran's evasion of previous sanctions.
• China, Iran's largest oil buyer, and Chinese financial institutions were notably spared from sanctions, reflecting US caution to avoid disrupting the global financial system and provoking Chinese retaliation.
• Iran condemned the sanctions as ineffective, emphasizing resilience and unity, while China opposed the unilateral measures, warning they will not resolve the conflict; experts predict the sanctions may backfire by encouraging countries to reduce reliance on the US dollar.