US official says China is ‘funding’ Iran, urges Beijing to help open Hormuz
Summary
A top U.S. official said China is financially supporting Iran, which the U.S. calls the largest state sponsor of terrorism. He urged China to help the U.S. reopen the Strait of Hormuz, which Iran has blocked, ahead of President Trump's visit to Beijing.Key Facts
- U.S. Treasury Secretary Scott Bessent accused China of buying 90% of Iran’s energy, effectively funding Iran.
- Iran has blocked the Strait of Hormuz, a key waterway for global oil shipments.
- The U.S. announced "Project Freedom" to guide ships trapped in the strait and said it controls the area.
- China and Russia vetoed a United Nations Security Council resolution condemning Iran’s blockade.
- President Trump’s "maximum pressure" campaign uses sanctions aimed at cutting off Iran’s energy exports.
- China continues importing oil from Iran despite U.S. sanctions.
- China opposes what it calls illegal unilateral U.S. sanctions on Chinese companies.
- The U.S. and China had recently warmed trade relations, but tensions remain over issues like Iran, trade, and regional security.
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