Fortune magazine via Archive.ph Treasury Secretary Scott Bessent began the week vowing an “economic onslaught” against Iran and its trading partners in a fresh bid to end the war. By the week’s end, countries with ties to Tehran had so far shrugged off the threat and analysts were left underwhelmed by the US actions. China, […]
Tag: China
Beijing says it will take ‘all necessary measures’ if Washington expands crackdown on business with Tehran The measures unveiled on Monday by US Treasury secretary Scott Bessent targeted companies based in Hong Kong and mainland China but stopped short of listing large Chinese financial institutions. Any serious increase in US sanctions on China, which buys […]
US Senate passes sweeping Russia sanctions bill in bipartisan vote Once enacted, the act would impose primary and secondary sanctions on Russia, targeting Russian officials, banks, financial institutions and other entities. The US Senate has passed legislation that would impose new sanctions on Russia, sending it to the House of Representatives. By a vote of […]
It seems quite sensible that a parallel shipping economy would be created. Nations still need the oil. Just because Europe would rather shrivel up and blow away, while becoming ever more dependent on the US and it’s costly LNG. Opting to take their own people down in the process, doesn’t mean other nations are as […]
What else is going on in other locations? Cause Iran is not the only conflict that needs watching. More interesting reads below: Russia warns coalition of willing forces in Ukraine would be ‘legitimate military targets’ Russia on Tuesday warned that the military contingents from the so-called “coalition of the willing” in Ukraine would be “legitimate […]
*America’s LNG Boom– China enters the crisis from a greater energy resilience position *Oil Prices fall on hope for US Iran Ceasefire We wonder why it is we are unhealthy? Our fertilizer is derived from gas (Thinking about Gary, here) The war in Iran has done more than disrupt global hydrocarbon markets—it has quietly set […]
This article is pretty reasonable in it’s assessment of the Trump visit to China- I’ve seen dribs and drabs of info elsewhere, but, nice summary below Here are some takeaways from Trump’s trip to China, the first by a U.S. president since 2017. NO BREAKTHROUGH ON IRAN Trump downplayed the need for China’s help with […]
China throws down the gauntlet? Trump is saying he’s still heading for China in about 10 days time- We’ll see? Australianews.net Beijing [China], May 3 (ANI): The Chinese government has issued a formal injunction to block US sanctions directed at five domestic refiners, including the Hengli Petrochemical Refinery, accused by Washington of purchasing Iranian oil. […]
Clearly- the US has never lost sight of targeting China Bessent says Chinese Banks Warned about Secondary Sanctions The Treasury Department warns China, Hong Kong, the UAE and Oman The warning comes the day after the Treasury Department sent a letter to financial institutions in China, Hong Kong, the UAE, and Oman, threatening to levy […]
I’m sure everyone is aware Trump is going to counter blockade Hormuz- Which will only serve to worsen or exacerbate the trade of global energy, fertilizer and other types of trade. Many Asian countries are already rationing gas Interesting read @ Responsible Statecraft As soon as the negotiations between the U.S. and Iran ended without […]