If the West was hoping to use sanctions targeting Iran’s reliance upon imported petroleum products, they better move quickly. China and Iran have signed a $6.5 billion deal where Sinopec will build refineries in Iran. If the regime truly understands how such sanctions threaten their rule, I expect them to do everything they can to delay such sanctions, and expedite the construction of more refineries.
This is a major vulnerability for the Iranians, virtually guaranteeing the collapse of the regime over the long-term unless something was done.
Maximum pressure needs to be exerted upon any company even thinking about making such deals with the Islamic Republic of Iran.