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Tuesday, February 3, 2026

Trump: China Can Continue Purchasing Iranian Oil; White House: Oil Sanctions Stay

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President Donald Trump made a surprise announcement, saying China can continue buying Iranian oil despite longstanding U.S. sanctions. The statement came just hours after a cease-fire deal between Israel and Iran. Trump spoke on the subject earlier on Wednesday: “I’m not giving up. They’re in the oil business. I mean, I could st…

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