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.

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

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