Trump says China can continue buying Iranian oil after Israel-Iran ceasefire, hinting at softer sanctions enforcement.
President Donald Trump said China can continue purchasing oil from Iran following a ceasefire between Israel and Iran, a move analysts say signals a possible easing of U.S. sanctions enforcement. Trump’s statement came days after he ordered airstrikes on Iranian nuclear sites and caused oil prices to drop nearly 6%.
Experts warn this could mark a shift away from Trump’s earlier “maximum pressure” campaign aimed at stopping Iran’s oil exports.
Although full suspension or waivers of sanctions would require complex inter-agency actions and congressional notifications, Trump’s message indicates a return to more relaxed enforcement.
China, the largest buyer of Iranian oil, has criticized U.S. sanctions as “illegal unilateral measures.” The policy shift could unsettle U.S. allies like Saudi Arabia, while sanctions enforcement has so far had limited impact on Iran’s exports.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 4rd of February, covering the latest developments you need to know.
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