Trump Signals US May Need to Ease Iran Oil Sanctions to Help Rebuild Country

(Reuters) – President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran – including restrictions on sales of Iranian oil – but signaled a potential easing in enforcement to help the country rebuild.

“They’re going to need money to put that country back into shape. We want to see that happen,” Trump said at a news conference at the NATO Summit when asked if he was easing oil sanctions on Iran. Trump said a day earlier that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, but the White House later clarified that his comments did not indicate a relaxation of U.S. sanctions.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


Trump imposed waves of Iran-related sanctions on several of China’s independent “teapot” refineries and port terminal operators for purchases of Iranian oil.

Reporting By Jeff Mason and Jarrett Renshaw; Editing by Chizu Nomiyama

Share This:

Next Article

 


More News Articles

 

  • Related Posts

    Oil Jumps 8% to Above $100 Ahead of US Blockade on Strait of Hormuz

    Summary Iran peace talks yield no agreement Trump vows to blockade Strait of Hormuz Military vessels approaching strait to be viewed as ceasefire breach – Iran’s Guards (Reuters) – Oil…

    Trump Says US to Start Blockading the Strait of Hormuz Immediately

    President Donald Trump on Sunday said the U.S. Navy would immediately start blockading the Strait of Hormuz and would also interdict every vessel in international waters that had paid a…

    Have You Seen?

    Oil Jumps 8% to Above $100 Ahead of US Blockade on Strait of Hormuz

    • April 13, 2026
    Oil Jumps 8% to Above $100 Ahead of US Blockade on Strait of Hormuz

    Trump Says US to Start Blockading the Strait of Hormuz Immediately

    • April 13, 2026
    Trump Says US to Start Blockading the Strait of Hormuz Immediately

    Trump threatens Hormuz blockade as Iran talks fail, oil flows at risk

    • April 12, 2026
    Trump threatens Hormuz blockade as Iran talks fail, oil flows at risk

    Recalibration and resilience to go the distance

    • April 11, 2026
    Recalibration and resilience to go the distance

    Vance Warns Iran Not to “Play Us” as He Prepares for Talks

    • April 11, 2026
    Vance Warns Iran Not to “Play Us” as He Prepares for Talks

    Northern Vietnam Power Utility Accelerates Grid Upgrades And Rooftop Solar Push To Meet Rising Demand

    • April 11, 2026
    Northern Vietnam Power Utility Accelerates Grid Upgrades And Rooftop Solar Push To Meet Rising Demand

    GSECL Seeks GERC Approval For Tariff Of 25 MW Palitana Solar Project In Gujarat

    • April 11, 2026
    GSECL Seeks GERC Approval For Tariff Of 25 MW Palitana Solar Project In Gujarat

    SECI Invites Bids For 4.45 MW Rooftop Solar Projects Across India Under RESCO Model

    • April 11, 2026
    SECI Invites Bids For 4.45 MW Rooftop Solar Projects Across India Under RESCO Model

    SECI Seeks ₹660 Crore Loan For 200 MW Solar Project In Madhya Pradesh

    • April 11, 2026
    SECI Seeks ₹660 Crore Loan For 200 MW Solar Project In Madhya Pradesh

    India’s Power Sector Roadmap 2026–2036 Balancing Renewable Growth With Grid Reliability – CEA

    • April 11, 2026
    India’s Power Sector Roadmap 2026–2036 Balancing Renewable Growth With Grid Reliability – CEA