Wall Street Journal | US Expects China to Buy Even More Iranian Oil After Sanctions Wall Street Journal There is one big hitch in U.S. plans to stem buying of Iranian oil: China. Some in Washington now expect that China will vacuum up much of the Iranian oil that other nations won't buy because of the threat of U.S. sanctions, according to a senior U.S. ... Energy Stocks Hit As US Lenience On Iran Sinks Crude Oil US Open To Limited Exemptions From Sanctions On Iranian Oil Exports US crude sinks 4.2%, settling at $68.06, after Treasury Dept eases market's Iran sanctions fears |