Trump floats seizing Iran oil as he weighs Chinese leverage play
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US President Donald Trump has suggested seizing control of Iran's oil sector to gain trade leverage against China. Trump believes that controlling oil flows brings power on the world stage and could bolster his bargaining power with Chinese counterpart Xi Jinping.
US President Donald Trump has discussed seizing Iran's oil sector. This move could expand US global energy dominance and gain trade leverage against China. Trump has demonstrated his belief in controlling oil flows as a means to power. The US has already ousted Venezuela's Nicolas Maduro and struck a deal to tap the country's crude reserves. Controlling Iran's energy would require a substantial US investment and raise questions about international law. Trump is set to meet with Chinese counterpart Xi Jinping on May 14-15 to discuss trade and other issues.
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