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what was the point of massing all of that military might in the Arabian sea in the first place?
You have been misled by Western media on much of this information.With no access to Venezuelan oil, Iranian oil has apparently become '"strategic"for China. China likle buys alot of volume kf Iranian oil ,just in secret, so many, like you, will think its not occurring that much, and that means china won- it will keep buying Iranian oil as long as it can, it has no other option if it wants to maintain amd grow its large amd expanding economy.
Broke US is trying to break Iran, in order to break China's oil supply and power growth, to stop China from breaking US's hegemony in fhe world because US's control of the world is broken.
Did I get that right or ??
You need to bring something to the table for such partnerships. Iran brings nothing unique to the table but headache. PGCC has a combined wealth fund of around 6 trillion dollars. China imports 80-90% of Iranian oil with huge discounts. They have a death grip on Iranian economy. Any lost Iranian oil can be replaced with Saudi oil.BRICS is benign. IRI-Russia-PRC seem to be inclined towards a semi-block of their own. IRI-Russia post 2020 seem have strengthened their military relations a bit more. Russia has thrown IRI under the bus on atleast 6-7 times before so distrust is there. IRI and China have dozens of billion USD worth trade which is increasing. In 2010 it was 1/15 of what it is now.
Whether Iranian oil can be sold to China, or at what price, has very little impact on China.
You need to bring something to the table for such partnerships. Iran brings nothing unique to the table but headache. PGCC has a combined wealth fund of around 6 trillion dollars. China imports 80-90% of Iranian oil with huge discounts. They have a death grip on Iranian economy. Any lost Iranian oil can be replaced with Saudi oil.
Israels debt to GDP ratio rose by almost 10% from 12 days of war with Iran. Israeli Stockmarket skyrocketed. How is that possible? The capital is coming from PGCC funds. Especially from UAE.
Next step is to continue burdening Israel with debt, while PGCC asset strips Israel. China wants the middle east to be China-PGCC. This is also in line with transnational capital. Anyone in Iran who objects to chinas plan for the Middle East gets liquidated by Iranian internal coup; Soleimani, Raisi, Hajizadeh etc. Iran is just nice to have for discounted oil while the transition of power happens.
China will not bail out Iran. China's diplomatic strategy in the Middle East has always been based on the Pakistan-Gulf countries-Iraq line.That $5 figure used to be correct (almost), but it is outdated now.
After the June war with Israel, China has ramped up oil imports from Iran (even Trump tweeted about it and claimed he had allowed it) and Iran has increased its discount to China as well. Also, add deferred payments and payment in RMB to the equation too. That gives China even more economic profit.
China holds the rights to two-thirds of Iraq's oil fields, so we don't lack sources of oil imports. China's trade surplus last year was $1.2 trillion, so China isn't too worried about oil prices. What China is concerned about is the security of shipping routes from the Persian Gulf to China—how to ensure they aren't cut off by the Americans.For Saudi oil, Chinese will need to pay back in USD which they will need to purchase against something of their own considering nobody is gonna exchange RMB to USD in such huge numbers. Also the oil will come at market rate. Its not this simple.
US destroyed the 3 largest and core nuclear sites of Iran and there is not a shred of doubt about that.
Iran cannot enrich any further Uranium.
US didn't claim that they destroyed the Uranium which was already enriched.
There is some amount of 60% enriched uranium with Iran (Weapon grade is 90% though). 60% enriched Uranium can be used to make a low powerful but a physically a very large sized bomb (like a school bus). Cannot be transported via BMs. Possible through containers.
I wonder what is going on in Tel-Aviv nowadays. They're constantly in the news with Gaza and Epstein. Their crown jewel of an organization AIPAC is getting defeated in the US regional races. They're economy is in the toilet...They're borrowing money to keep afloat. We just heard their strongest advocate in the House of Lords...Just resigned, which may eventually bring down the Starmer government. I mean, from close up it looks like theyre winning battles, but they're losing the war.
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