Feb 15 • 11:53 UTC 🇪🇪 Estonia ERR

Trump and Netanyahu plan to exert pressure on Iran's oil exports

US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have agreed to apply pressure on Iran's oil exports, particularly focused on its sales to China.

US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have reached an agreement to exert pressure on Iran's oil exports, a strategic move that targets China, which receives over 80% of Iran's oil exports. This agreement highlights the significant economic ties between Iran and China and the potential impact of reduced oil purchases on Iran's economy. Essentially, if China were to lower its import of Iranian oil, the economic pressure on Iran could increase substantially, adding another layer to the ongoing tensions in the region.

During his meeting with Netanyahu, Trump announced a directive allowing the US to impose a 25% tariff on countries engaging in business with Iran. This measure is part of a broader strategy to curb Iran's financial resources that could be utilized for its nuclear program and regional ambitions. The decision indicates the US stance on limiting Iran's reach and influence through economic means and reflects the continuing collaboration between the US and Israel in dealing with perceived threats from Iran.

This development comes amidst a complex geopolitical landscape where Iran's oil exports play a crucial role not only in its economy but also in global oil prices and energy security. The implications of Trump and Netanyahu's agreement may extend beyond immediate financial pressure, potentially affecting diplomatic efforts and the balance of power in the Middle East. As the situation evolves, the responses from Iran and China are likely to be critical in shaping the future of this geopolitical tug-of-war.

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