Jeremy Mark
Atlantic Council Geoeconomics Center senior fellow; tracks China's use of the yuan in sanctions evasion.
Last refreshed: 9 May 2026 · Appears in 1 active topic
Is China's NFRA loan halt a genuine retreat from Iranian oil trade or just optics?
Timeline for Jeremy Mark
Mentioned in: Beijing splits MOFCOM defiance from NFRA loan halt
Iran Conflict 2026- Who is Jeremy Mark at the Atlantic Council?
- Jeremy Mark is a senior fellow at The Atlantic Council Geoeconomics Center, specialising in China's financial statecraft, yuan internationalisation, and sanctions evasion. He is a former WSJ journalist.Source: Atlantic Council
- Is China using the yuan to evade Iran sanctions?
- China has expanded yuan-denominated trade with Iran to reduce dollar exposure. The NFRA's May 2026 halt on yuan loans to sanctioned refineries signalled that even yuan channels face enforcement pressure.Source: Atlantic Council / NFRA
- What is the Atlantic Council Geoeconomics Center?
- The Geoeconomics Center is an Atlantic Council research hub focusing on sanctions, international monetary policy, and the weaponisation of economic tools in Foreign Policy.
Background
Jeremy Mark is a senior fellow at the Atlantic Council's Geoeconomics Center, where he focuses on international monetary policy, China's financial statecraft, and the internationalisation of the renminbi (yuan). He is a former journalist with the Wall Street Journal and the International Monetary Fund's communication department.
In the May 2026 Iran conflict, Mark was cited in coverage of China's NFRA decision to halt new yuan loans to OFAC-sanctioned refineries. His expertise on yuan-based trade finance and China's efforts to build a dollar-independent payment infrastructure made him a relevant voice for contextualising Beijing's financial compliance behaviour: whether the NFRA's action represented a genuine policy shift or a tactical concession to avoid secondary sanctions exposure.
The Atlantic Council Geoeconomics Center is a leading policy research hub on economic statecraft, sanctions architecture, and the restructuring of the global financial system. Mark's work sits at the intersection of monetary policy and geopolitical competition — precisely the space where China's Iran strategy plays out.
