GreenergyDaily

May. 15, 2026

U.S. President Donald Trump said China had agreed to purchase American oil.

"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 a Fox News interview with Sean Hannity aired Thursday evening.

The Chinese leader would like to see the Strait of Hormuz open and free of tolls, he added.

"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."

China is by far the largest buyer of Iranian oil, purchasing around 90% of Iran's crude exports. The country imported around 1.4 million bpd of Iranian oil in 2025, according to data published by the U.S. government.

Meanwhile, the U.S. crude and petroleum exports to China plunged for a second consecutive year, falling 25% year on year to 237.8 million barrels last year.