Trump says China can buy Iranian oil, but urges it to purchase U.S. crude
Published: 25 Jun. 2025, 15:08
![A 3D printed miniature of U.S. President Donald Trump's face and map of Iran are seen in this illustration taken on June 23. [REUTERS/YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2025/06/25/edf19431-3e11-4a88-aed9-f05e0f4a0812.jpg)
A 3D printed miniature of U.S. President Donald Trump's face and map of Iran are seen in this illustration taken on June 23. [REUTERS/YONHAP]
U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a cease-fire, a move that the White House clarified did not indicate a relaxation of U.S. sanctions.
"China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also," Trump said in a post on Truth Social, just days after he ordered U.S. bombings of three Iranian nuclear sites.
Trump was drawing attention to no attempts by Iran so far to close the Strait of Hormuz to oil tankers, as a closure would have been hard for China, the world's top importer of Iranian oil, a senior White House official told Reuters.
"The president continues to call on China and all countries to import our state-of-the-art oil rather than import Iranian oil in violation of U.S. sanctions," the official said.
After the cease-fire announcement, Trump's comments on China were another bearish signal for oil prices, which fell nearly 6 percent on Tuesday.
Any relaxation of sanctions enforcement on Iran would mark a U.S. policy shift after Trump said in February he was reimposing maximum pressure on Iran, aiming to drive its oil exports to zero, over its nuclear program and funding of militants across the Middle East.
Trump imposed waves of Iran-related sanctions on several of China's independent "teapot" refineries and port terminal operators for purchases of Iranian oil.
![The Kool Tiger LNG Tanker is docked at the Freeport LNG facility in Quintana, Texas on June 23. [REUTERS/YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2025/06/25/478426b0-cb2a-4f1f-8d6d-39d16585559c.jpg)
The Kool Tiger LNG Tanker is docked at the Freeport LNG facility in Quintana, Texas on June 23. [REUTERS/YONHAP]
"President Trump's green light for China to keep buying Iranian oil reflects a return to lax enforcement standards," said Scott Modell, a former CIA officer, now CEO of Rapidan Energy Group.
In addition to not enforcing sanctions, Trump could suspend or waive sanctions imposed by executive order or under authorities a president is granted in laws passed by Congress.
Trump will likely not waive sanctions ahead of the coming rounds of U.S.-Iran nuclear talks, Modell said. The measures provide leverage given Tehran's demand that any deal include lifting them permanently.
Jeremy Paner, a partner at law firm Hughes Hubbard & Reed, said if Trump chooses to suspend Iran oil-related sanctions, it would require lots of work between agencies.
The U.S. Treasury would need to issue licenses, and the State Department would have to issue waivers, which require Congressional notification.
Oil traders and analysts in Asia said they did not expect Trump's comments to have a near-term impact on Chinese purchases of oil from either Iran or the U.S.
Iranian oil accounts for roughly 13.6 percent of China's oil purchases this year, with the discounted barrels providing a lifeline to margin-squeezed independent refineries. U.S. oil accounts for just 2 percent of China's imports, and Beijing's 10 percent tariffs on U.S. oil deter further purchases.
China has long opposed what it has called Washington's "abuse of illegal unilateral sanctions." China's embassy in Washington did not immediately respond to a request for comment about Trump's post.
Larger purchases of Iranian oil by China and other consumers could upset U.S. ally Saudi Arabia, the world's largest oil exporter.
The impact of U.S. sanctions on Iran's exports, however, has been limited since Trump's first administration, when he cracked down harder on Tehran.
Trump has "flashed the Glock" this year with sanctions on Chinese trading companies and terminals, Modell said, referring to revealing a gun. But the results have been far more "minimum pressure" than maximum, Modell added.
State Department spokesperson Tammy Bruce told reporters that Trump had signaled what he wanted to happen and that his administration is focused on delivering that. She would not say what the process would entail.
Reuters
with the Korea JoongAng Daily
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