Skip to content
Back to Guavy Wire
Commodities

Pompeo Seeks to Cut Off China's Iran Oil Lifeline Ahead of Xi Visit

Instruments
Oil
Share

Former US Secretary of State Mike Pompeo is urging the Trump administration to cut off China's imports of Iranian oil before Chinese President Xi Jinping's visit to Washington. According to Pompeo, China buys the majority of Iranian crude, with up to 500,000 barrels being purchased daily.

Pompeo argues that severing this economic lifeline is critical to bankrupting the Iranian regime and securing an American victory in the Middle East. He claims that the combined economic and military pressure will inevitably force Iran to surrender, bankrupt its terror proxies, and prevent it from acquiring a nuclear weapon.

The push to isolate Tehran economically aligns with the Treasury Department's new 'Operation Economic Outcast,' a maximum pressure campaign designed to defund the Islamic Revolutionary Guard Corps (IRGC). Pompeo notes that this intense economic blockade, paired with recent kinetic military operations by President Donald Trump, fundamentally changes the psychology of Iran's leadership.

Pompeo is pressing for swift action before Xi Jinping's visit on September 24. He emphasizes that Iran must be a top agenda item for the US delegation during the visit and warns China that it has 'picked the losing horse' by backing Tehran.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc