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Can China’s Illicit Petroleum Network Withstand Trump?

Summary by ussanews.com
Per the terms of the recent U.S.-Iran Memorandum of Understanding, the U.S. Treasury had waived sanctions on some Iranian crude oil exports for 60 days. That move quickly sent American gas prices downward. Then on July 6, Iran renewed attacks on shipping that got the waiver revoked. But for China, there seems little good news...
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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The Daily Signal broke the news in Washington, United States on Wednesday, July 8, 2026.
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