News Snapshot:
President Donald Trump has indicated a possible adjustment in the enforcement of U.S. sanctions on Iranian oil sales, suggesting a willingness to help Iran rebuild economically. Speaking at a NATO Summit news conference, Trump emphasized the need for Iran to accrue necessary funds for reconstruction. While Trump's recent remarks implied China could continue purchasing Iranian oil, the White House clarified this does not signify a relaxation of existing sanctions. His administration has previously enacted substantial sanctions on several Chinese entities involved in the trade of Iranian oil. Steve Witkoff, Trump's envoy to the Middle East, stated that the comments were...