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Fortune
Fortune
Cecilia Hult

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

(Credit: Kay Nietfeld—picture alliance via Getty Images)

U.S. President Donald Trump on Tuesday appeared to propose a change in policy towards Iran, suggesting that China—one of Iran’s few allies and a major trading partner—might be permitted to purchase Iranian oil. 

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 constrain Iran’s oil trade with the rest of the world, including China. 

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