Post
Topic
Board Economics
Re: U.S tells China and India to stop buying oil from Iran
by
andriarto
on 14/12/2018, 12:46:04 UTC
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