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alp227

(32,084 posts) Thu Jun 28, 2012, 11:35 PM Jun 2012

US grants China six-month Iran oil sanctions reprieve

Source: BBC

The United States has granted China a six-month reprieve from financial sanctions for buying Iranian oil.

US Secretary of State Hilary Clinton said China and Singapore, which also received the temporary exception, had earned the reprieve by cutting imports.

All 20 of Iran's major oil buyers have now been exempted from the sanctions before they come into effect on Friday.

Read more: http://www.bbc.co.uk/news/world-asia-china-18639255

4 replies

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US grants China six-month Iran oil sanctions reprieve (Original Post) alp227 Jun 2012 OP

"All 20 of Iran's major oil buyers have now been exempted ..." Seems like expensive jtuck004 Jun 2012 #1

Re: economic growth still in the forecast mallard Jun 2012 #2

Crazy Franker65 Jul 2012 #3

Yes, where does this "US" character get off granting permission to buy oil may3rd Jul 2012 #4

jtuck004

(15,882 posts)

1. "All 20 of Iran's major oil buyers have now been exempted ..." Seems like expensive

Reply to alp227 (Original post)

Fri Jun 29, 2012, 12:02 AM

Jun 2012

theater. And we pay people to do this.

mallard

(569 posts)

2. Re: economic growth still in the forecast

Reply to alp227 (Original post)

Fri Jun 29, 2012, 12:17 AM

Jun 2012

This way China will hopefully continue to do well enough to keep helping finance ... the same gov't threatening to cut them off ... if they dare to go on treating Iran like a responsible country.

More evidence China is untrustworthy; and still they get let off the hook. Where's the gratitude?

Franker65

(299 posts)

3. Crazy

Reply to alp227 (Original post)

Mon Jul 2, 2012, 06:57 AM

Jul 2012

Absolutely ridiculous situation...Why even bother with sanctions.

may3rd

(593 posts)

4. Yes, where does this "US" character get off granting permission to buy oil

Reply to Franker65 (Reply #3)

Mon Jul 2, 2012, 08:36 PM

Jul 2012

it's a fact sanctions don't work on oil producing countries anyway

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