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Trump says China can buy Iranian oil

Trump says China can buy Iranian oil, urges it to buy US crude

President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.

The Wall Street Journal · 2h

Trump Signals He Won’t Stand in Way of China Buying Iranian Oil

President Trump said he wouldn’t stop China from purchasing oil from Iran, signaling he might ease the U.S.’s “maximum pressure” campaign on Tehran. “They’re in the oil business. I mean, I could stop it if I wanted,

Fortune on MSN · 6h

Trump says China ‘can now continue to purchase oil from Iran’—but he hopes Beijing will buy U.S. crude instead

In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major shift in U.S. policy, which has tried to constrai

Iran, Strait of Hormuz

USA TODAY on MSN · 23h

Iran approves closure of Strait of Hormuz, a vital oil and gas route

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

CBS News on MSN · 2d

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.

PolitiFact · 1d

Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can carry 2 million barrels of oil — began avoiding the Strait of Hormuz after the U.S. strikes on Iran, Reuters and CNBC reported.

Oil prices tumble

CBS News on MSN · 1d

What does the widening military conflict in Iran mean for oil prices? Here's what the experts say.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

NBC News on MSN · 2d

Oil prices jump after U.S. strike on Iranian nuclear facilities

U.S. and global oil benchmark prices opened up 4% Sunday evening, underscoring the concerns about what the conflict means for the world’s oil supplies.

BBC · 20h

Oil prices tumble after Israel agrees to Iran ceasefire

Oil prices tumbled by 5% on Tuesday after Israel agreed to a ceasefire with Iran after nearly two weeks of conflict. Brent crude, the international benchmark for oil prices, fell below $67 a barrel by the end of the day,

20hon MSN

Shares hit record high, oil plummets with market sentiment buoyed by Iran-Israel truce

An index of global shares hit a record high on Tuesday with oil prices plummeting further as market sentiment was lifted by ...

Oil Skids and Stocks Rise as Traders Gauge Fallout From Iran Strikes

Any disruption to tanker traffic in the Strait of Hormuz would have significant economic effects, especially for Asian ...

1don MSN

Iran Has an Oil Card to Play. So Does the U.S.

America’s fracking revolution blunts the dreaded oil chaos that could come from an Iranian closure of the Strait of Hormuz.

1don MSN

Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane

Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...

Marketplace1d

Despite Iran conflict, oil companies are unlikely to heed the president's call to "drill, baby, drill"

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...

Oil prices retreat as markets assess Iranian retaliatory strikes are unlikely to affect global supplies

Analysts with ING financial group outlined four possible avenues for Iran: full escalation that also draws in other nations ...

1don MSN

Trump signals deescalation in response to Iranian strike on US air base in Qatar

President Donald Trump confirmed Monday that Iran attacked a U.S. air base in Qatar in retaliation for America’s weekend ...

45m

Trump says U.S. to meet with Iran next week

President Trump announced Wednesday the U.S. will meet with Iran next week as a ceasefire between Israel and Iran holds for ...

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