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Trump and Netanyahu Target Iran's Oil Sales with Tariffs

2/17/2026

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Story summary
  • U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu discussed increasing economic pressure on Iran, focusing on Tehran's oil sales to China, which account for over 80% of Iran's exports.
  • Trump signed an executive order allowing tariffs up to 25% on countries doing business with Iran to influence Iran's nuclear program.
  • Netanyahu said a deal with Tehran is unlikely to succeed, while Trump remains open to negotiations despite challenges.