China benefits from U.S. sanctions
Looking increasingly limp, U.S. tries to escalate by imposing sanctions on Chinese companies trading petroleum products with Iran. China laughs....
View ArticleSaudis tell Cantor they can make up for Iran
Is it true though? Will it still be true six months from now when the sanctions kick in for Euro? Does it even matter if China, India et al keep buying Iran’s oil? Is this just theater, the whole...
View ArticleIran will double oil exports to China in 2012
China is the main beneficiary of US sanctions against Iran, securing more supply at lower prices. Iran’s deputy oil minister headed a delegation to China this week to negotiate a new crude supply...
View ArticleHow sanctions against Iran backfire
Iran Moves Further To End Petrodollar, Announces Will Accept Payment In Gold Instead Of Dollars tinyurl.com/7hmvyyj— (@zerohedge) February 28, 2012
View ArticleIran offers to front Pakistan 80,000 bpd
First one’s free. Yeah.. If you like it, you know where to find me. Tell your friends. “It is only an initial offer of 80,000 barrels on deferred payment at the moment,” Irfan Qazi, a spokesman for...
View ArticleU.S. exempts 11 countries from Iran sanctions
As South Korea buys more… In contrast to Japan, South Korea, the world’s fifth-largest oil importer, increased its imports from Iran in 2011 by 20 percent. It’s refiners have signed deals to import a...
View ArticleThe Effect of Iran Sanctions
Closer relations between Iran, India and China; creation of new financial networks to bypass the West. The inability to control Iran through non-military means may make military action more likely. NEW...
View ArticleIran tankers turn off transponders, but it’s pretty obvious where they’re going
It has long been assumed Iran would sell most of the oil shunned by Europe to China, its long-term strategic and commercial ally. But until now there has been scant proof. India, however, has been...
View ArticleIran-China oil trade under way
But…but… Zhuhai Zhenrong Co., the Chinese company censured by the U.S. in January for trading with Iran, provisionally hired an oil tanker to carry fuel oil from the Persian Gulf nation, shipping data...
View ArticleBut there isn’t any
U.S. Secretary of State Hillary Rodham Clinton urged energy-starved India on Monday to reduce its Iranian oil imports to keep up pressure on the Islamic republic to come clean about its nuclear...
View ArticleHow sanctions against Iran backfire
Iran Moves Further To End Petrodollar, Announces Will Accept Payment In Gold Instead Of Dollars http://t.co/ZNUeeuPt — zerohedge (@zerohedge) February 28, 2012
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