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Saudis 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...
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James Hamilton on Iranian oil embargo
The most likely outcome of an embargo on oil purchased from Iran is that the countries participating in the embargo buy less oil from Iran while other countries not participating in the embargo by more...
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China pressuring Iran for better terms
But so far Iran seems to be hanging tough. http://www.businessworld.ie/livenews.htm?a=2905826;s=rollingnews.htm See also: China Benefits from US Sanctions
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How 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
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Iran 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...
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Daniel Yergin is a shame
Everything Yergin says here is true. He gives the impression of someone who chooses his words carefully. He won a Pulitzer and wrote two giant books about oil. But he somehow always leaves out half the...
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U.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...
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The 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...
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Iran 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...
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But 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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