diplomacyFriday, May 15, 20263 sources
Trump Announces Possible Lifting of Sanctions on Chinese Companies Buying Iranian Oil
Former President Donald Trump stated during a call with Chinese leader Xi Jinping that the U.S. may lift sanctions on Chinese firms purchasing Iranian oil. The announcement comes amid ongoing tensions over Iran's nuclear program and economic sanctions. The move could impact U.S.-China relations and Iran's oil exports.
During a phone call with Chinese President Xi Jinping on May 15, 2026, Trump indicated that the U.S. might remove sanctions targeting Chinese companies that import Iranian oil. The sanctions, part of broader U.S. efforts to pressure Iran over its nuclear activities, have been a point of contention in U.S.-China trade relations. The potential easing of sanctions could allow more Iranian oil to flow through Chinese markets, affecting global oil prices and diplomatic dynamics.
Timelines
Sources
IndependentBloombergMay 15, 05:34 PM
Trump Says He May Remove Some Iran-Linked Sanctions on China - Bloomberg.comTrump Says He May Remove Some Iran-Linked Sanctions on China Bloomberg.com
IndependentStraits TimesMay 15, 04:58 PM
Trump says he spoke with China’s Xi about lifting sanctions on Chinese companies that buy Iranian oil - The Straits TimesTrump says he spoke with China’s Xi about lifting sanctions on Chinese companies that buy Iranian oil The Straits Times
IndependentMiddle East EyeMay 15, 03:29 PM
Trump says US may lift sanctions on Chinese companies that buy Iranian oil - Middle East EyeTrump says US may lift sanctions on Chinese companies that buy Iranian oil Middle East Eye