Iran: China makes fun of US sanctions

File International Business Times

UNITED STATES (VOP TODAY NEWS) — Sputnik reported that China would continue to import Iranian oil despite sanctions imposed by the United States.

Despite Iran’s anti-Iranian sanctions, the Marshal-Z tanker, which was carrying about 130,000 tonnes of crude oil, unloaded its cargo in warehouses near the city of Zhoushan, China.

It should be noted that four oil companies have transported Iranian oil to China in recent months.

Iran’s Deputy Foreign Minister for International Affairs announced at the beginning of May that the Islamic Republic of Iran would use all means to ensure oil exports at a time when Washington has tightened sanctions against Tehran.

“We are able to stand up to the unjust and illegitimate sanctions of the United States,” said Amir Hossein Zamanian, Iran’s deputy minister of oil. And to continue: “We have mobilized all the capacity of the country to sell oil on the gray market.”

Indeed, the United States is unable, even with the help of the biggest oil producers, their friends in OPEC, to compensate for the decline in the supply of Iranian oil after the entry into force. force new US sanctions against Tehran.

Eight countries, not least, had been exempted from the boycott that Washington, in defiance of its own signature at the bottom of the Joint Global Action Plan, imposed on Iranian oil: for three of them, it is a question of emerging economies that consume large amounts of oil, namely China, India and South Korea. Iraq, whose electricity is generated by plants running on Iranian gas, was also on the list of countries that had received a waiver from the United States.

But the White House recently announced in a statement that US President Donald Trump had decided to end the exemptions allowing eight countries to buy Iranian oil in order to “zero exports” of Iranian crude.

In April, Japan and South Korea completely stopped buying Iranian oil.

In the wake of his Asian tour, the Iranian Foreign Minister Mohammad Javad Zarif is expected on Friday, May 17 in China to discuss regional and international issues, including the Global Plan of Joint Action.

Zarif also headed a high-level politico-economic delegation in New Delhi and Ashgabat (capitals of India and Turkmen) to exchange views with officials from both countries on common interest.

The first Iranian diplomat also visited Tokyo following an invitation from his Japanese counterpart, Taro Kono.


This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

Contact us:

VOP Today News — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.

Stay connected with VOP Today News on Twitter – VOP Today News on Facebook, also with our online services and never lost the breaking news stories happening around the world.

Support The VOP from as little as $1 – it only takes a minute. Thank you.

We are the Voice of People — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes VOP possible came from you.