Basically, Obamugabe has strong armed about 18 nations into "reducing" Iran oil imports....except for China. Obamugabe really has no leverage with China...and I suspect the countries that HAVE agreed will do so with only a payoff and/or a wink.
Iran's oil will eventually find a buyer....BO really doesn't understand how markets work...but the Chinese communists do.
To: SoFloFreeper
Obama has also given waviers to a bunch of countries.
2 posted on
06/12/2012 8:06:22 AM PDT by
kabar
To: SoFloFreeper
What are we going to do to threaten China? Hit them with the tin cup we've been using to beg money from them?
3 posted on
06/12/2012 8:08:24 AM PDT by
KarlInOhio
(You only have three billion heartbeats in a lifetime.How many does the government claim as its own?)
To: SoFloFreeper
Among key oil importers, China is not included among the 18 countries exempt from the US sanctions. Are you talking about some other 18 countries?
4 posted on
06/12/2012 8:08:24 AM PDT by
kabar
To: SoFloFreeper
Iran's oil will eventually find a buyer....BO really doesn't understand how markets work...but the Chinese communists do. China has been purchasing oil and futures on the commodities market, as they are designed to work, and won't be bullied into not bidding.
An unreported large part of the US/NATO operation against Qaddafi and Libya was because Libya had contracted oil to China, which would short Western European Obama sycophants.
It was the last time Obama would cheat China, thus the total obstructionism of China and Russia in Syria and Iran.
5 posted on
06/12/2012 8:26:39 AM PDT by
Navy Patriot
(Join the Democrats, it's not Fascism when WE do it and the law is what WE say it is.)
To: SoFloFreeper
"Iran's oil will eventually find a buyer....BO really doesn't understand how markets work...but the Chinese communists do. "And we don't understand that other nations don't see Iran as the world threat that we tell them.
6 posted on
06/12/2012 9:00:54 AM PDT by
ex-snook
("above all things, truth beareth away the victory")
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