Trump says China can proceed to purchase Iranian oil
China’s place as the primary purchaser of Iranian oil has served as a vital lifeline for Tehran as its economic system is battered by crippling worldwide sanctions.
| Photograph Credit score: Reuters
China can proceed to purchase Iranian oil, U.S. President Donald Trump stated Tuesday (June 24, 2025) in what gave the impression to be aid for Tehran from sanctions Washington has beforehand imposed to punish the commerce.
“China can now proceed to buy Oil from Iran. Hopefully, they are going to be buying a lot from the U.S., additionally,” Trump wrote in a publish on his Reality Social platform as he travelled to a NATO summit in The Hague.
China’s place as the primary purchaser of Iranian oil has served as a vital lifeline for Tehran as its economic system is battered by crippling worldwide sanctions.
Beijing buys greater than 90% of Iran’s oil exports, in keeping with the evaluation agency Kpler.
It imported 1.3 million barrels of Iranian crude oil a day in April, down from a five-month excessive in March.
Final month america introduced contemporary sanctions on Iranian oil gross sales to Beijing, nonetheless, as Trump’s administration continued its “most strain” marketing campaign towards Tehran.
China has condemned current US bombing strikes on Iran’s nuclear amenities and known as for events within the area, “particularly Israel”, to de-escalate.
And it has known as for a political answer to assist a declared ceasefire maintain.
However analysts say that the preventing between Israel and Iran has severely decreased Beijing’s regional leverage.
Revealed – June 24, 2025 10:41 pm IST