Vance says China ready to cooperate in isolating Iran
US Vice President JD Vance said on Thursday that the Chinese are ready to cooperate in economically isolating Iran, amid rising economic and security pressures on Tehran. He stated that Washington has many options and tools to continue pressuring the Iranian regime, and that the US will not enter talks with Tehran unless it stops firing on ships. Vance also said that oil flow through the Strait of Hormuz has returned to previous levels, with about 15 million barrels passing through yesterday.
Why it matters: This bears on the theme of economic statecraft and the use of sanctions and pressure tools in US foreign policy.