Trump says China 'can now continue to purchase oil from Iran'-but he hopes Beijing will buy U.S. crude instead
Briefly

President Donald Trump hinted at a potential shift in U.S. policy towards Iran regarding oil trade with China. In a social media post, Trump mentioned that China could continue to buy Iranian oil, a move that contradicts U.S. sanctions aimed at limiting Iran's oil exports. The White House later clarified that Trump's comments were meant to highlight the safety of shipping routes due to his actions against Iran's nuclear capabilities. Despite this, U.S. sanctions remain unchanged, and China's oil imports from Iran are largely conducted through covert methods.
In a shift in Iran policy, Trump suggested that China might be allowed to purchase Iranian oil, challenging longstanding U.S. sanctions and trade restrictions.
Following Trump's remarks, officials clarified he was emphasizing that U.S. actions had mitigated risks to China's oil trade with Iran, despite ongoing sanctions.
Read at Fortune Asia
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