The Trump administration threatened to cut off any entity that launders money for Iran from the U.S. dollar system:
This effort, if implemented, could significantly sever the economic lifeline that has sustained Tehran's economy through nearly six months of war:
China, the UAE, Turkey, Iraq, and India are among the top trading partners of Iran:
The U.S. announced an "economic D-Day" campaign Monday to isolate Iran from the global economy, threatening penalties against "enablers" that continue doing business with Tehran:
China
China is the biggest buyer of Iranian oil and serves as a crucial link to the global economy for Tehran, accounting for about 90% of its oil exports:
China reported $9.96 billion in bilateral trade with Iran in 2025:
United Arab Emirates
The Emirates, located just 50 miles from Iran across the Persian Gulf, has long been a major trading hub for Iran:
The bilateral trade amounted to around $28 billion in 2024:
Turkey
Turkey maintains significant commercial ties with Tehran, importing Iranian natural gas:
The Turkey-Iran bilateral trade reached $5.7 billion in 2024:
Iraq
Iraq, dependent on Iranian electricity and gas, has historically traded billions with Tehran:
The trade between Iraq and Iran exceeded $10 billion in 2025:
India
India, among Iran's top five trading partners, has seen its bilateral trade with Iran fall in recent years:
In April 2026, India resumed importing crude oil from Iran:
