Trump, Netanyahu Agreed US Should Press Iran to Cut Oil Sales to China
Trump, Netanyahu Agreed US Should Press Iran to Cut Oil Sales to China
The United States and Israel have agreed to pressure Iran to cut its oil sales to China, according to a report from Axios.
Background
The agreement between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu was reportedly made during a meeting in the Oval Office. The move is seen as a significant escalation of tensions between the US and Iran, which has been a major player in the global oil market.
Details of the Agreement
According to Axios, the US and Israel agreed to work together to reduce Iran's oil exports to China. The move is expected to have significant implications for the global oil market, with Iran being one of the largest oil producers in the world.
Impact on Oil Prices
The agreement is expected to put pressure on oil prices, which have been rising in recent months due to tensions in the Middle East. The move is also seen as a significant blow to Iran's economy, which relies heavily on oil exports.
US-Iran Relations
The agreement is the latest development in the complex and often tense relationship between the US and Iran. The two countries have been at odds over a range of issues, including Iran's nuclear program and its support for militant groups in the region.
Conclusion
The agreement between the US and Israel to pressure Iran to cut its oil sales to China is a significant development in the global oil market. The move is expected to have significant implications for oil prices and Iran's economy.
Sources
[1] Trump, Netanyahu agreed US should press Iran to cut oil sales to China, Axios reports