Trump signals US may need to ease Iran oil sanctions to help rebuild country

Reuters:President Donald Trump said on Wednesday that the US 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 US sanctions.

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

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