Executive order Was signed on Monday reacting to “deceptive practices” by Iran
Increased Sanctions on Iran after Events Escalate in Iran
China and India are getting very scared at the events happening in Iran because they have a lot at stake. Up to 45% of Iranian oil is bought China India and Turkey.
Iran’s currency has plummeted in value and many other countries are now scared to trade with Iran. China knows that the U.S. is not in a position to put sanctions on countries like themselves because of U.S. dependance on foreign aid.