$1 Billion In Iranian Crude Is Stranded At A Chinese Port | WHAT REALLY HAPPENED


$1 Billion In Iranian Crude Is Stranded At A Chinese Port

It's no secret that Beijing has chafed at American audacity to try and dictate whom Chinese refineries can and can't buy oil from. And in the latest example of just how aggravating the decision to end waivers for Iranian crude imports has been for the world's second-largest economy, Reuters reported that some 20 million barrels of Iranian crude have been languishing at the northeastern port of Dalian for months, but because of the US's decision to re-impose sanctions on Iran back in November, nobody wants to touch the oil.

China filed a formal complaint with the US over its decision to end the waivers, but the US has refused to consider any exceptions to its plans to reimpose full sanctions.

As one analyst told Reuters, no Chinese company will touch the oil unless specifically instructed to do so by the Chinese government.

Webmaster's Commentary: 

And one has to wonder; precisely when the Chinese government will give its order to move this oil,and what the ramifications are going to be.

Will the US government interdict the ship, and possibly start World War III with China?!?

Of almost every possible outcome here, this would be one of the most ham-fistedly, pig-headedly stupid decisions the Trump administration could make at this point.

Unfortunately, just because something would be the most ham-fistedly, pig-headedly idiotic decision this administration could make, is no guarantee that it will not do so.

Comments

Unfortunately, just because

Old_Logan

Unfortunately, just because something would be the most ham-fistedly, pig-headedly idiotic decision this administration could make, is no guarantee that it will not do so.

(*Unless , that is , I don't mind telling you , The Trump administration , which is more than capable , by the way , comes up with an even more ham-fistedly, pig-headedly idiotic decision !)

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