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Author Topic: U.S tells China and India to stop buying oil from Iran  (Read 557 times)
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September 10, 2018, 02:51:51 PM
 #61

12,000 fuel tankers destroyed by Russian fighter jets after spotting them at Turkish border

https://www.express.co.uk/news
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September 10, 2018, 04:37:28 PM
 #62

Washington may slap sanctions on governments that fail to reduce Iranian oil imports to "zero" by early November, a senior State Department official has warned. But some partners seem reluctant to follow the demand. The US administration has been pushing its allies to follow US President Donald Trump's lead after he decided to pull out of the landmark nuclear agreement between Iran and six world powers. A senior State Department official told reporters on Tuesday he had been traveling to Europe and Asia to convince allies to isolate the "stream of Iranian funding."

India and China traditionally used to get a waiver from sanctions and kept trading with Iran even before the 2015 agreement, so speculation is rife as to whether they will manage to find workarounds this time.The State Department acknowledges that cutting off Iranian oil imports completely is a “challenge” that no country “wants to do voluntarily”.

https://www.rt.com/news

If you would have given some effect of the above news on crypto market it would have been useful for bitcoin forum.  I tried to think over it and could find following relation of financial / political crisis over the crypto market;
Due to above problems may be people start buying gold / crypto currency for safeguard of their interest.   If it happens ; the prices of gold and crypto may go upward. 
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September 10, 2018, 04:44:16 PM
 #63

Washington may slap sanctions on governments that fail to reduce Iranian oil imports to "zero" by early November, a senior State Department official has warned. But some partners seem reluctant to follow the demand. The US administration has been pushing its allies to follow US President Donald Trump's lead after he decided to pull out of the landmark nuclear agreement between Iran and six world powers. A senior State Department official told reporters on Tuesday he had been traveling to Europe and Asia to convince allies to isolate the "stream of Iranian funding."

India and China traditionally used to get a waiver from sanctions and kept trading with Iran even before the 2015 agreement, so speculation is rife as to whether they will manage to find workarounds this time.The State Department acknowledges that cutting off Iranian oil imports completely is a “challenge” that no country “wants to do voluntarily”.

https://www.rt.com/news
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September 10, 2018, 04:55:40 PM
 #64

Even with the Iranian oil exports, the brent crude prices are fluctuating at around $80 per barrel. If the Iranian production is removed from the market, then I am afraid that the prices may reach $200 per barrel.
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September 13, 2018, 03:05:52 AM
 #65

If the Iranian production is removed from the market, then I am afraid that the prices may reach $200 per barrel.
This is unlikely. Iran makes up a fairly small portion of global oil production and other major oil exporters will likely increase their own production to make up for Iran's losses.

What could affect oil prices is Iran trying to stop trade through the Persian Golf, although if they try this, they are almost directly inviting a war against Europe and the US, which they are almost certain to lose.

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December 13, 2018, 05:47:23 AM
 #66

Let's see how the trade war will play out in the next year.
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December 13, 2018, 01:16:35 PM
 #67

Let's see how the trade war will play out in the next year.

It will continue but as long as countries rely their oil from Iran, they can be sure China will not abandon them maybe even defend them. There are reasons why they want to establish military power, its the same thing with Israel. What difference do they have that Israel has the right to have the forces and them don't have.

                                   
                                  
                                   
                                  
                                  
                                   
                                   
                                   
                                   
                                   
                                   
                                  
                                   
                                  
                                   
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December 13, 2018, 01:25:10 PM
 #68

Let's see how the trade war will play out in the next year.

It will continue but as long as countries rely their oil from Iran, they can be sure China will not abandon them maybe even defend them. There are reasons why they want to establish military power, its the same thing with Israel. What difference do they have that Israel has the right to have the forces and them don't have.

This trade war will not end anytime soon, if you see every President of the Usa creates war like situation to leave a legacy or go on war and save his presidency. I believe so far Iran won't be bothered as India is paying in local Indian currency, and China is yet backing it up. However going ahead I do believe if Iran can't reach for a settlement with Trump, they risk starting a war which will not be good for any country as trade routes and crude prices shall be effected.

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December 14, 2018, 12:54:20 AM
 #69

Washington may slap sanctions on governments that fail to reduce Iranian oil imports to "zero" by early November, a senior State Department official has warned. But some partners seem reluctant to follow the demand. The US administration has been pushing its allies to follow US President Donald Trump's lead after he decided to pull out of the landmark nuclear agreement between Iran and six world powers. A senior State Department official told reporters on Tuesday he had been traveling to Europe and Asia to convince allies to isolate the "stream of Iranian funding."

India and China traditionally used to get a waiver from sanctions and kept trading with Iran even before the 2015 agreement, so speculation is rife as to whether they will manage to find workarounds this time.The State Department acknowledges that cutting off Iranian oil imports completely is a “challenge” that no country “wants to do voluntarily”.

https://www.rt.com/news

US policy always about oil in Iran. US want to block the economy and prohibit most county in the world for buying oil from Iran government. But seem Iran always finds a way to sell their Oil to others country. Beside that, China ignoring US warning because china is need more oil to increasing their production

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December 14, 2018, 12:03:48 PM
 #70

12,000 fuel tankers destroyed by Russian fighter jets after spotting them at Turkish border

https://www.express.co.uk/news

I don't understand what type of power does US have over china to tell something like this. I don't know what type of power they have over India so I can't really say anything about that but even that's wrong because they are meddling with other countries business and that's not something you can just do.

However when it comes to China, china has a lot more power over USA than USA has over China, china literally is selling USA bonds for dirt cheap to ruin their economy and instead of trying to better their relations with China the amazing government is pushing for more demands.

It makes no sense and if China actually listens to USA and not get oil from Iran they will probably ask something in return, more importantly price discounts from some countries to get from them and USA will have to pay for the difference which will not be great for their economy which is already collapsing.
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December 14, 2018, 12:30:03 PM
 #71

12,000 fuel tankers destroyed by Russian fighter jets after spotting them at Turkish border

https://www.express.co.uk/news

they are meddling with other countries business and that's not something you can just do.

People often quote "international law" when saying that someone may or may not do something, as in "that's not something you can just do".

The problem here is simple: international law is for average citizens only. Major world powers only use the law as a guideline, but they end up doing whatever they want.

China places large war vessels near islands in the South China Sea, nobody can do anything about it. The US can protest, other countries can file protests at the UN, but that's not really binding.

The concept of international law and "that's not something you can just do" is more complicated than it looks.

It's not just the US. Other major powers do the same thing in different places all the time. We hear more about the US because it's more monitored and also more powerful, but several countries do this stuff all the time within their power spheres.


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December 14, 2018, 12:46:04 PM
 #72

Washington may slap sanctions on governments that fail to reduce Iranian oil imports to "zero" by early November, a senior State Department official has warned. But some partners seem reluctant to follow the demand. The US administration has been pushing its allies to follow US President Donald Trump's lead after he decided to pull out of the landmark nuclear agreement between Iran and six world powers. A senior State Department official told reporters on Tuesday he had been traveling to Europe and Asia to convince allies to isolate the "stream of Iranian funding."

India and China traditionally used to get a waiver from sanctions and kept trading with Iran even before the 2015 agreement, so speculation is rife as to whether they will manage to find workarounds this time.The State Department acknowledges that cutting off Iranian oil imports completely is a “challenge” that no country “wants to do voluntarily”.

https://www.rt.com/news

US policy always about oil in Iran. US want to block the economy and prohibit most county in the world for buying oil from Iran government. But seem Iran always finds a way to sell their Oil to others country. Beside that, China ignoring US warning because china is need more oil to increasing their production
on the other hand, we know China in conditions of the trade war with America where all countries bear consequences of this event, of course fellow Chinese competitors are reasonable if they do not heed the advice of the US

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December 14, 2018, 03:56:54 PM
 #73

Iran is a country that I always wonder how there citizens are surviving. Iran still stick to some laws and things that are not call for in this 21 century. If U.S take action against them it will put a stop to some what is going on in that country. Unclear weapon should not be allow in any country.

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December 14, 2018, 06:33:38 PM
 #74

I don't see China obeying President Trump or the US directive to boycott Iranian crude oil. The Chinese like we already know would like to draw any country isolated by US to itself so as to build its own political power and allies.

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December 15, 2018, 08:33:32 AM
 #75

This is a selfish expression. The initiator of global free trade is the United States, but now the United States wants to stop global free trade. This is simply too stupid. Trump is now only concerned about the lives of Americans, but the income of the United States will be reduced in the future. The unbalanced world development model will be stopped. In fact, Iran has agreed to abandon the uranium enrichment industry, but the United States unilaterally tore up the agreement. This is obviously the dollar's oil hegemony has been shaken. Is there 7 billion people in the world serving 300 million Americans? This is ridiculous.
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December 17, 2018, 07:06:19 AM
 #76

Let's see how the trade war will play out in the next year.
US is a very wise country but China would always look at its own interests and would deal with Iran regardless of the sanctions on any of the country from the US. So US is afraid to loose its power and this is why it is trying to control everyone.
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December 17, 2018, 02:03:58 PM
 #77

America always want world wide countries should and must have to obey all his orders they didn't think about the each and every country have his own problems and they have to solve themselves. It is their own circumstances which they alone know how to overcome and solve. how can one order by sitting in his home to his neighbours home.so this starts and create new unnecessary  problems from which US want to gain and to control worldwide.

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