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Trump says China can buy Iranian oil

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

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 constrai

Fox Business on MSN · 21h

Trump declares China can purchase Iranian oil as market signals cautious optimism

Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil despite previous sanctions, with crude prices dropping amid reduced concerns about the Strait of Hormuz.

Reuters on MSN · 12h

Trump says China can buy Iranian oil, urges it to buy US crude

President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.

Oil steadies

Reuters on MSN · 49m

Oil steadies as investors assess Iran-Israel ceasefire, demand outlook

Oil prices recovered a little on Wednesday after slumping earlier this week, as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that showed U.

USA TODAY on MSN · 22h

US stocks open up as oil price slumps on Israel-Iran ceasefire

US stocks open higher as oil prices fall on a fragile Israel-Iran ceasefire. Fed Chair Powell begins first of two days of testimony to Congress.

The Associated Press on MSN · 6h

World shares are mixed as a fragile Israel-Iran ceasefire holds

European shares slipped and Asian benchmarks advanced on Wednesday as a fragile truce between Israel and Iran appeared to be holding. Oil prices rebounded slightly after falling about 6% on Tuesday on hopes that the brief war will not hinder the global flow of crude.

Iran, Strait of Hormuz

USA TODAY on MSN · 18h

Iran approves closure of Strait of Hormuz, a vital oil and gas route

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.

CBS News on MSN · 1d

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.

Associated Press News on MSN · 1d

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

U.S. stocks rallied, and oil prices tumbled on hopes that Iran will not disrupt the global flow of crude, even with the United States’ entry into its war with Israel.

1don MSN

What does the widening military conflict in Iran mean for oil prices? Here's what the experts say.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

21h

Iran is a major oil supplier. How will strikes on Iran affect gas prices? What to know

The U.S. launched military attacks on Iranian nuclear sites. Iran now says they plan to close Hormuz Strait. How will ...

15hon MSN

Shares hit record high, oil plummets with market sentiment buoyed by Iran-Israel truce

An index of global shares hit a record high on Tuesday with oil prices plummeting further as market sentiment was lifted by ...

1don MSN

Iran Has an Oil Card to Play. So Does the U.S.

America’s fracking revolution blunts the dreaded oil chaos that could come from an Iranian closure of the Strait of Hormuz.

1don MSN

Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane

Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...

Marketplace1d

Despite Iran conflict, oil companies are unlikely to heed the president's call to "drill, baby, drill"

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...

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