India, China cashing in on Iran sanctions

Discussion in 'World Affairs' started by Markus, Apr 7, 2012.

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  1. somebozo

    somebozo ELITE MEMBER

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    All Iran has to do is open up oil at $20 a barrel for western theives and suddenly it will be the darling of everyone..much like how King Fahad of Saudi Arabia was.
  2. Tshering22

    Tshering22 ELITE MEMBER

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    Yeah... BRICS would do anything to support an Iran with that kind of offer. :D After all, resources dictate terms. :tup:
  3. Peacefull

    Peacefull GUEST

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    they will have to back Israel against Iran........
  4. Peacefull

    Peacefull GUEST

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    once the oil tap is turned off from Iran & Saudi it will megerly take few weeks....................
  5. Nothing

    Nothing FULL MEMBER

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    Its oil not cookie that you change jar to eat cookie and notthin will happen. For refineries it is big deal to change source of oil both managerial and operational. Again it is not wise to depend of one supplier.
  6. Peacefull

    Peacefull GUEST

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    Sure india can refine all sorts of crude
    India set to Become Major Fuel Exporter after Refinery Expansion
    Economic survey 2011-12: India's oil refining capacity likely to rise 15% to 214 MT - Economic Times
    Profile : Oil and Gas Technology : IndianOil