Trump says he will soon make a decision about sanctions on Chinese companies buying Iranian oil
U.S. President Donald Trump said Friday that he will make a decision over the next few days about lifting sanctions on Chinese oil companies that buy Iranian oil.
TL;DR
- President Trump will decide in the coming days on lifting sanctions against Chinese oil companies buying Iranian oil.
- The U.S. previously sanctioned independent refineries, including China's Hengli Petrochemical, for importing Iranian oil.
- Iranian crude is often transported via a 'shadow fleet' using deceptive tactics to avoid detection.
- Trump's decision follows his visit to China, where bilateral relations and trade were discussed.
- The president expressed frustration with Iran regarding nuclear program progress and the need for guarantees.
- Trump declined to state if the U.S. would defend Taiwan if attacked by China.