Blunted? Even the Wall Street Journal admits the US’s favourite weapon is rusting
The Wall Street Journal’s (WSJ) latest feature on how American sanctions on Iran failed because China built a yuan-powered workaround will be a difficult read for Atlanticists. China has built up international trade in the yuan, giving Iran and Russia a way to evade sanctions https://t.co/EviGCVtlXW — The Wall Street Journal (@WSJ) June 24, 2026 The piece falls shy of praising China’s financial system, which it says is aimed at weakening Washington’s power to dictate world affairs. The failure of the US’s Economic Fury is explained by WSJ as: “…… in late April when the U.S. escalated its “Economic Fury” campaign against…

