US Edition
Trump says China can buy Iranian oil, but urges it to purchase US crude
- On June 26, 2025, President Donald Trump announced on Truth Social that China can continue purchasing Iranian oil following a ceasefire between Israel and Iran.
- This announcement follows Trump's reinstatement in February 2025 of the “maximum pressure” campaign aimed at cutting Iranian oil exports to near zero, while recent diplomacy has eased sanctions enforcement.
- Trump emphasized his desire for China to increase imports of U.S. oil instead of Iranian crude and highlighted the strategic importance of the Strait of Hormuz for regional oil shipments.
- Oil prices fell sharply by nearly 5% after the announcement, with Brent crude dropping $3.33 to $68.15 per barrel and U.S. crude down $3.18 to $65.33 a barrel.
- The move signals a potential shift in U.S. policy toward Iran and China, providing a calculated reward for restraint but leaving uncertainties about whether China and Iran will maintain compliance.
93 Articles
93 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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