...
...
Next Story

Trump signals US may ease Iran oil sanction enforcement to help rebuild country

'They're going to need money to put that country back into shape. We want to see that happen,' Trump said.

Updated on: Jun 26, 2025, 03:28:30 IST
Advertisement

President Donald Trump said on Wednesday that the US has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.

US President Donald Trump reacts during a press conference at a NATO summit in The Hague, Netherlands, June 25, 2025. (Reuters)
US President Donald Trump reacts during a press conference at a NATO summit in The Hague, Netherlands, June 25, 2025. (Reuters)

"They're going to need money to put that country back into shape. We want to see that happen," Trump said at a news conference at the NATO Summit when asked if he was easing oil sanctions on Iran.

Trump said a day earlier that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, but the White House later clarified that his comments did not indicate a relaxation of US sanctions.

Trump imposed waves of Iran-related sanctions on several of China's independent "teapot" refineries and port terminal operators for purchases of Iranian oil.

Steve Witkoff, Trump's Middle East envoy, told CNBC that Trump's comment on China's ability to buy Iranian oil "was a signal to the Chinese that we want to work with you, that we're not interested in hurting your economy." China is the top buyer of Iranian crude and has long opposed Trump's sanctions on the oil.

 
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe