US EditionTrump says China can buy Iranian oil, but urges it to purchase US crude
- On Tuesday, President Donald Trump announced on Truth Social that China can continue purchasing Iranian oil following an Israel-Iran ceasefire.
- This announcement follows a background of Trump's reinstated 'maximum pressure' campaign from February 2025 aiming to reduce Iran’s oil exports to near zero.
- The White House clarified that Trump’s statement did not represent a formal policy change, though analysts viewed it as a green light for lax sanctions enforcement.
- Oil prices fell nearly 6%, with Brent crude down $3.33 to $68.15 per barrel by 10:18 a.m., reflecting market expectations of eased U.S. pressure on Iran.
- The move suggests a strategic shift toward rewarding calm in the Middle East while trying to coax China to increase U.S. oil imports instead of Iranian oil.
90 Articles
90 Articles
US President Donald Trump said China can continue buying oil from Iran and urged the country to buy US crude after Israel and Iran agreed to a ceasefire, a move the White House said did not indicate an easing of US sanctions.
Trump says China can buy Iranian oil, but urges it to purchase US crude
U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.S. sanctions.
Japan Today
Korea JoongAng DailyTrump says China can buy Iranian oil, but urges it to purchase U.S. crude
U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White…
Trump says China can buy Iranian oil, urges it to by US crude
WASHINGTON: President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of US sanctions. © New Straits Times Press (M) Bhd
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