Trump's Oil Deal: A Band Aid Solution to China's Addiction China's insatiable appetite for oil has been a thorn in the side of US policymakers for years.
President Donald Trump's announcement that Beijing will begin buying American oil from Texas, Louisiana, and Alaska may seem like a welcome development, but this deal is less about a new era of cooperation between the two nations and more about addressing China's addiction to Iranian oil.
China imports around 90% of Iran's crude exports, with an average of 1. 4 million barrels per day in 2025.