“China said it continues to support a diplomatic end to the U.S.-Iran war, in a delayed statement released shortly before the U.S. is set to unveil measures to punish Tehran’s economic partners,” Bloomberg reports.“The timing is notable because it comes a day before U.S. Treasury Secretary Scott Bessent is set to unveil a plan designed to shift the conflict from tit-for-tat strikes across the Middle East to full-blown economic isolation.”CNBC: Ahead of tough new U.S. sanctions, Iran criticizes “extraterritorial sovereignty.”