X
    Categories: News

Armenpress: Trump says China wants to buy oil from U.S.

U. S.10:30, 15 May 2026
Read the article in: ArmenianRussian:

U.S. President Donald Trump said in a pre-recorded Fox News interview after his visit to Beijing that China has agreed to buy American oil, as the two nations push for concrete trade and business wins at their bilateral summit.

“They’ve agreed they want to buy oil from the United States, they’re going to go to Texas, we’re going to start sending Chinese ships to Texas and to Louisiana and to Alaska,” Trump said in the interview that was conducted after his meeting with Chinese President Xi Jinping on Thursday.

China also agreed to help with Iran negotiations and not to supply military equipment to Tehran, Trump said, adding that the Chinese leader would like to see the Strait of Hormuz open and free of tolls.

“They have an insatiable appetite for energy, and we have unlimited energy,” Trump said, saying that the U.S. produces more oil & gas than Saudi Arabia and Russia combined: “we’re doing twice as much oil and gas, as they are.”

Other details on the possible deal weren’t immediately available.

The U.S. produced 23.6 million barrels of oil and other liquid fuel per day in 2025, according to the U.S. Energy Information Administration, while Saudi Arabia produced 11.21 million bpd and Russia 10.53 million bpd.

China is by far the largest buyer of Iranian oil, purchasing around 90% of Iran’s crude exports, according to CNBC. 

Published by Armenpress, original at 

Elizabeth Jabejian:
Related Post