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The Iran deal is over.

412 posts in this topic

8 minutes ago, stevez51 said:

Looks like China wants it cheaper .....

I agree. China can bargain for cheap Iranian oil because of the sanctions 

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Just now, soulflower said:

I agree. China can bargain for cheap Iranian oil because of the sanctions 

So its not helping Iran's economy ..

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42 minutes ago, flyboy56 said:

The nuke deal hasn't been in effect long enough to have any real hind sight. 

You post of hindsight, but with Trump there is no foresight. He backed out of the agreement without an alternate strategy and he hit a previously dormant hornet's nest. And why? He did so against the recommendations of many of his advisors and basically the rest of the free world. Trump is a danger to the world and has shown that under his reign the US cannot be trusted. He has alienated his allies and has even threatened to add sanctions to them if they continue with their promise to Tehran.

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14 minutes ago, stevez51 said:

So its not helping Iran's economy ..

It is and it isn’t. 

Their economy is growing but it would grow much faster if they didn’t have to deal with Sanctions

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13 hours ago, flyboy56 said:

China also buys a lot of oil from Saudi Arabia. I don't think China wants to piss off SA. 

https://www.reuters.com/article/us-iran-nuclear-china-oil-exclusive/exclusive-iran-asks-chinese-oil-buyers-to-maintain-imports-after-u-s-sanctions-sources-idUSKCN1IH0VL?f

BEIJING (Reuters) - A senior official at Iran’s state-owned oil supplier met Chinese buyers this week to ask them to maintain imports after U.S. sanctions kick in, three people familiar with the matter said, but failed to secure guarantees from the world’s biggest consumer of Iranian oil.

China will buy from them to stick it to us.

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(Reuters) - French President Emmanuel Macron said on Thursday Europe would try to protect its companies doing business with Iran from U.S. sanctions, reimposed over Tehran’s nuclear program, but said giants like Total would make their own choices.

https://www.reuters.com/article/us-iran-nuclear-europe-macron/eu-firms-will-make-their-own-call-on-iran-business-macron-idUSKCN1II0WH?il=0

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https://www.reuters.com/article/us-iran-nuclear-europe/macron-rules-out-trade-war-over-iran-deal-as-firms-head-for-exit-idUSKCN1II2H2?

SOFIA (Reuters) - French President Emmanuel Macron ruled out on Thursday any trade war with the United States over its withdrawal from the Iranian nuclear deal as a wave of European companies quit business with Tehran, fearing the global reach of U.S. sanctions.

Edited by flyboy56

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10 hours ago, soulflower said:

(Reuters) - French President Emmanuel Macron said on Thursday Europe would try to protect its companies doing business with Iran from U.S. sanctions, reimposed over Tehran’s nuclear program, but said giants like Total would make their own choices.

https://www.reuters.com/article/us-iran-nuclear-europe-macron/eu-firms-will-make-their-own-call-on-iran-business-macron-idUSKCN1II0WH?il=0

SOFIA (Reuters) - French President Emmanuel Macron ruled out on Thursday any trade war with the United States over its withdrawal from the Iranian nuclear deal as a wave of European companies quit business with Tehran, fearing the global reach of U.S. sanctions.

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20 hours ago, jtowne-swim said:

China will buy from them to stick it to us.

Is that your well informed opinion?

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On 5/16/2018 at 8:19 AM, soulflower said:

It is and it isn’t. 

Their economy is growing but it would grow much faster if they didn’t have to deal with Sanctions

The Obama administration would have lifted all it's sanctions on Iran if they had stopped their ballistic missile program. So what were you saying about Iran just wanting to strong economy?

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4 minutes ago, soulflower said:

From your article:

Al Jazeera's Paul Brennan, reporting from Sofia, said EU leaders showed unity at summit by pledging to stick by the Iran accord. "But they know their options are limited", he said.

The blocking statute – a regulation created in 1996 to get around Washington's trade embargo on Cuba – was "outdated", Brennan said. 

"The 1996 law was used to defend European businesses from US penalties for dealing with Cuba. But the US Congress has since passed new laws that make the EU statute outdated, such as threats to cut off companies' access to the US banking system," he said.

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