Trump says he will soon make a decision about sanctions on Chinese companies buying Iranian oil
🟡 NeutralCNBC2026-05-15
U.S. President Trump announced he will make a decision in the coming days regarding lifting sanctions on Chinese oil companies purchasing Iranian oil. The U.S. has previously sanctioned independent refineries importing Iranian oil, including a major Chinese refinery. This move comes amidst efforts to strengthen the U.S.-China relationship and ongoing discussions about the Iran nuclear deal.