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Iran: U.S. Has Failed To Stop Oil Exports
Oilprice.com ^ | 11-19-2018 | Tim

Posted on 11/20/2018 9:24:55 AM PST by bananaman22

Iran’s president Hassan Rouhani said on Monday that the country will continue to export oil despite fresh U.S. sanctions, which he described as “psychological war doomed to failure.”

“We will not yield to this pressure which is part of the psychological war launched against Iran,” he said on state TV. “They have failed to stop our oil exports. We will keep exporting it ... Your regional policies have failed and you blame Iran for that failure from Afghanistan to Yemen and Syria,” he added, to chants of “Death to America!”. Rouhani also said that the U.S. lacked international support for its sanctions against Iran.

“America is isolated now. Iran is supported by many countries. Except for the Zionist regime (Israel) and some countries in the region, no other country backs America’s pressure on Iran,” he said.

Though Rouhani is right that other countries have not supported fresh U.S. sanctions against his country, he is also failing to address that EU support, strongest in the early days after President Trump announced impending sanctions in May, lost steam as Tehran demanded more than the EU, as either a body, or individually, could give. Iran also hurts its case with most EU members last month when Danish authorities accused Iranian agents of attempting to carry out a plot to assassinate an Iranian-Arab opposition figure on Danish soil.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy
KEYWORDS: afghanistan; deathtoamerica; djibouti; egypt; energy; erdogan; eritrea; gaza; geopolitics; hamas; hassannasrallah; hezbollah; hydrocarbons; iran; iraniannukes; isis; israel; jerusalem; johnkerry; jordan; kurdistan; lebanon; letshavejerusalem; lurch; maga; massachusetts; muslimworld; oil; opec; receptayyiperdogan; russia; sanctions; sinai; sudan; syria; turkey; us; waronterror; yemen

1 posted on 11/20/2018 9:24:55 AM PST by bananaman22
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To: bananaman22

That may be true, but I bet Iran isn’t getting top dollar for their crude.................


2 posted on 11/20/2018 9:27:41 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: bananaman22

Thanks for telling us! We’ll work on that.


3 posted on 11/20/2018 9:28:05 AM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: Red Badger

That and there are no more jumbo jets landing with pallet full of taxpayer dollars . . . and no Val-Jay giving orders in the White House.


4 posted on 11/20/2018 9:30:07 AM PST by Vigilanteman (The politicized state destroys all aspects of civil society, human kindness and private charity.)
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To: Red Badger

“...but I bet Iran isn’t getting top dollar for their crude.....”

Yep and more buyers of their crude will take advantage of the situation and milk them good....Iran will not win this....


5 posted on 11/20/2018 9:35:09 AM PST by EagleUSA
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To: bananaman22

“We don’t believe you. Prove it! Who is buying your oil?”


6 posted on 11/20/2018 9:35:57 AM PST by Tenacious 1
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To: bananaman22

Kind of ironic that, not long ago, Trump said he had not totally squashed Iran’s oil business because he didn’t want to unnecessarily raise oil prices....are they begging to have him throttle their main remaining source of income and really get their people going wild in the streets?


7 posted on 11/20/2018 9:39:35 AM PST by trebb (Those who don't donate anything tend to be empty gasbags...no-value-added types)
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To: bananaman22

Basically the US chickened out and issued waivers to allow Iran to continue exporting. Hard to remember now, but a month ago there were worries about prices spiking to the upside.


8 posted on 11/20/2018 9:39:54 AM PST by babble-on
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To: Tenacious 1

China & India, 2 biggest customers of Iran’s oil are allowed to buy their oil.

Like I have said many times, we spend Trillions in middle-east wars to protect oil flow to China using borrowed money from China. So glad Trump recognizes this foolishness, while the previous presidents did not.


9 posted on 11/20/2018 9:44:38 AM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: babble-on

You are correct. If China & India were forced to substitute oil purchases from Iran from the open oil market, prices would have taken quantum leap upwards.


10 posted on 11/20/2018 9:46:23 AM PST by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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To: babble-on

If the bottom hasn’t fallen out of the oil market, it soon will.


11 posted on 11/20/2018 9:53:28 AM PST by meatloaf
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To: bananaman22

That’s by design. Trump said he would clamlp down slowly so as not to shock the market. Your sh%t storm is coming pal.


12 posted on 11/20/2018 10:05:31 AM PST by jmaroneps37 (Conservatism is truth. Liberal is lies.)
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To: meatloaf
If the bottom hasn’t fallen out of the oil market, it soon will.

It's close.

13 posted on 11/20/2018 11:31:42 AM PST by Obadiah
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The Three Amigos

Iran's President Hassan Rouhani, Russia's Vladimir Putin and Turkey's Tayyip Erdogan meet in Sochi, Russia November 22, 2017. (photo credit: SPUTNIK/MIKHAIL METZEL/KREMLIN VIA REUTERS)

Column One: Portents of quagmires in Syria

14 posted on 11/20/2018 7:08:11 PM PST by SunkenCiv (and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Prices around here about $2.109, so I topped off the tank today.
2015

15 posted on 11/20/2018 7:13:24 PM PST by SunkenCiv (and btw -- https://www.gofundme.com/for-rotator-cuff-repair-surgery)
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