Which is the only grounds Trump had to even consider asking China to throw him a bone. China is content on watching us bleed a lot. The Straight isn't bleeding them nearly as much as we're losing on multiple fronts.
Middle East
- Thread starter PF5
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Which is the only grounds Trump had to even consider asking China to throw him a bone. China is content on watching us bleed a lot. The Straight isn't bleeding them nearly as much as we're losing on multiple fronts.
Polds4OSU
Marshall
Despite the conflict, Iran is still shipping large volumes of oil to China, using “dark” transits and selective passage under its control. This is happening because Iran allows its own tankers to move, not because of a treaty with China. [cnbc.com]
It is being reported Iran is currently signaling they are willing to let oil through the Straits but ONLY if the cargo trade is done in Chinese Currency...effectively removing the US Dollar from Global Energy Trade
- IBTimes UK reports that Iran has said oil tankers may pass if they are not linked to the U.S. or Israel and the oil is traded in Chinese yuan. [ibtimes.co.uk]
- Türkiye Today likewise reports that a senior Iranian official told CNN that Iran is considering allowing limited tanker passage only if the cargo is traded in yuan. [turkiyetoday.com]
- South China Morning Post confirms analysts discussing the same proposal: Iran allowing tankers through in exchange for yuan‑denominated trade, though they note feasibility concerns. [scmp.com]
Polds4OSU
Marshall
Retired 4-star General McCaffrey: 'On the edge of a strategic disaster' in the Strait of Hormuz
The war with Iran continues to hold up shipping as the Strait of Hormuz remains at a near total standstill. Retired Four-star U.S. Army General Barry McCaffrey provide his insight over what can be done to open up the strait and to share his criticism of the Trump administration's handling of the war.
Link via MS Now
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