Trump weighs easing Iran oil sanctions after meeting with Xi Jinping
🔴 Tension RisingScripps News2026-05-15
President Trump discussed the possibility of lifting U.S. sanctions on Chinese companies purchasing Iranian oil during his meeting with Xi Jinping, stating he would make a decision in the coming days. This could benefit both Chinese companies and Iran, which has struggled to sell oil due to existing sanctions. The US and Iran remain at an impasse in long-term peace negotiations, with the Strait of Hormuz remaining effectively closed.