America gives open warning to China on buying Iranian oil, Trump administration will take major action

US Threatens China Over Oil: America has taken a new step to weaken Iran economically. He has given a strict warning to big countries like China against buying Iranian oil. The Trump administration will now also impose secondary restrictions on trading countries. With this big decision, a new and deep conflict has started in international politics.

American warning on China

America has now directly targeted China under its new strategy. China is currently considered the largest buyer of Iranian oil globally. If China does not stop its purchases, its economy may face a major crisis.

maximum pressure policy

US Treasury Secretary Scott Besant has called for a ban on China’s oil purchases. He said that Iran’s money should not be visible in the banking system of any country. If this happens, America will take strict action under its maximum pressure policy.

Ban on oil network

America has launched a major attack on Iran’s oil transport network. America has imposed new stringent sanctions on several dozen companies and ships. Its main objective is to completely stop Iran’s income by breaking its oil supply chain.

effect of sea blockade

Recently, America has stopped Iran’s earnings by imposing a sea blockade. Due to the 30-day relaxation given earlier, 140 million barrels of oil had reached the market. Now America has made it clear that this exemption will not be extended to anyone.

Strictness on Russian oil

This tough step by America is not going to be limited to Iran only. It has also abolished the discount on purchase of oil related to Russia. This will reduce supply in the global energy market and cause huge fluctuations in prices.

India was also affected

This American decision is rapidly affecting many other big countries of the world. India had resumed purchasing Iranian energy after a long gap of seven years. Now due to new restrictions, India is also facing difficulty in purchasing cheap oil.

Iran’s economy hit

Iran’s economy depends entirely on its heavy export of oil. China buys the largest part of this export from which Iran gets a lot of money. This open warning from America is now a big challenge for Beijing.

China’s calm attitude

China has not yet given any major reaction openly to this American warning. But internally this political conflict between the two big countries is becoming deeper. This situation can become a huge diplomatic crisis for the whole world in future.

ways to avoid restrictions

It is also true that Iran always finds a new way to sell oil despite sanctions. He has always been transporting his oil to the international market through different secret routes. Now America is making strong efforts to completely close all these secret routes.

Also read: Terrible impact of Middle East war: Huge jump in prices of petrol and diesel in Nepal, diesel crosses Rs 234

tension between the two superpowers

Experts believe that Iranian oil is cheaper and more important for China. Therefore, China will not be ready to completely stop its oil purchases so easily. If America takes strict action then there will be huge economic tension between the two superpowers.