US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions

Vali Nasr, professor of international affairs & Middle East studies at Johns Hopkins University, said that he sees the declaration of new sanctions on Iran and its allies as a 'theatrical declaration' and less of a concrete move by the United States. Nasr said that the pressure on Iran's allies could potentially invite Chinese retaliation, which would widen the war 'out of the gulf and into the financial markets.' (Source: Bloomberg)