Trump targets Iran’s trade lifelines — here are the countries most exposed

President Trump announced secondary sanctions against Iran, targeting countries that facilitate Iranian trade. The sanctions focus on nations that provide shipping, logistics, and financial services to Iranian exporters. China, India, and the United Arab Emirates are identified as key partners. The U.S. aims to restrict access to the Strait of Hormuz, a critical maritime route for Iranian oil. The sanctions will limit the use of U.S. banks and financial systems for transactions involving Iranian goods. The measure is part of a broader strategy to reduce Iran’s economic resilience. Compliance will be monitored by the Treasury Department. Effective from September 2026.

Source: Trump targets Iran’s trade lifelines — here are the countries most exposed