[Key Points] Seoul braces for fallout from expanded US sanctions on Iran

Iran sanctions ripple: South Korea is assessing how expanded US secondary sanctions on Iran could affect energy costs, trade and financial markets.

Five sectors targeted: Washington’s “Operation Economic Outcast” broadens sanctions exposure for third-country firms dealing with Iran in digital assets, technology, gold, aviation and shipping.

China in focus: China buys more than 80 percent of Iran’s oil exports, raising the risk of fresh US-China friction if Washington targets Chinese refiners and