Tehran Says 'Impossible' to Halt Iran's Oil Exports, Warns US of Consequences

[Tokhme khar]

Mate no offense but those 'hostile neighbors' of Iran didn't cut the mustard in Iraq, nor Syria, and doesn't look like they'll pull through in Yemen either, despite a trillion dollars in probably state of the art weaponry sold to them over the last decade alone. They are the least of our worries.....lol. If they manage to go to the toilet unassisted would be an accomplishment. So, nobody is worried about them.

Now them US bases, where you believe the USAF warplanes might attack Iran from are a less than 2 minute flight time for Iran's 100,000 plus SRBM/ MRBM stockpile.......They wouldn't even know what hit them, and it will be over before that. Iran's naval anti-ship missile forces and its naval mine capabilities are second to none. As are its air launched precision attack missile capabilities both fixed wing/ helio. Simply put, Iran has long worked hard to make the PG a fukkin killbox!

It appears you are unaware of Iran's military power?

I never claimed that I wanted Iran to be hit or Hormuz to be blocked. I was just telling factually that it is very difficult for Iran to do anything as it has hostile neighbours and hostile west with almost no allies. Oil supply can be obtained by various means. Saudi Arabia has set up inventories and strategic reserves in Egypt and there are enough strategic reserves and spare inventory available to survive any outage of few days in Hormuz. That is all it takes to take down 400-500 ship by aerial means from nearby Qatar, UAE or Oman bases or an aircraft carrier.

The best way for Iran is to make deals with countries which are not in alliance with USA or excessively reliant on dollars like India, China, Russia, Myanmar etc. Direct confrontation is a very bad idea. But if Iran resorts to aggression, there is very little anyone can do to stop others from retaliating. India would not like Iran ports like Chabahar being hit. I don't see Iran as capable enough to fight back. I only see Iran not respecting their strengths and weakness but going head-first. Iran must understand that even all its naval neighbours are closer to KSA than Iran. Even countries who have not been explicit in opposing Iran till now like Pakistan will side with KSA if it comes to war.

The sanctions on Iran may appear like Trump's mania but in reality, it is backed by KSA. KSA has made it open and clear that it will provide any extra oil needed to cope with Iranian outage. So, Iran is not just fighting USA but KSa and its allies of GCC, Egypt, Pakistan etc.

 

[pin gu]

Nothing is impossible

Trump Is Winning Over Fastest Growing Oil Market at Iran's Risk


One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade.



State-run refiner Indian Oil Corp., which had been buyingU.S. crude in the spot market, signed a term tender to purchase American oil for delivery every month between November and January, according to Finance Director Arun Kumar Sharma. That will help more than double the company’s shipments from the U.S. so far this year compared to last fiscal year.



“This tender is the first step toward future imports of U.S. crude oil through term contracts,” Sharma said in a phone interview on August 8.

American oil giant Exxon Mobil Corp. is said to be courting Asian refiners with rare long-term U.S. crude export deals in a bid to expand its trading scope. Long-term contracts -- which involve the sale of cargoes of a certain quality, volume and price over a set period from as little as 6 months to multiple years -- for American oil are uncommon and most deals are done on a spot basis after a decades-long export ban was lifted in late 2015.

Crucial Strategy
“Long-term contracts will be central to the U.S. strategy,” said Abhishek Kumar, a senior energy analyst at Interfax Energy in London. “That ensures the U.S. will have customers for its hydrocarbons in the medium-to-long term.”

Indian Oil agreed to buy 6 million barrels of U.S. crude through the term-tender, taking its American crude purchases to 16 million barrels in total since April. That compares to its previous year’s spot purchases of 6.6 million barrels from the shale producer.

The nation’s biggest refiner said in May that it plans to nearly double its oil imports from Iran to 7 million tons during the financial year that began in April. But Trump’s push to isolate the Islamic Republic is forcing it to prepare alternative plans. Indian Oil is still awaiting direction from its government on Iranian crude imports, Sharma said.

The ratcheting up of trade tensions between the U.S. and China could also help oil buyers in India, the world’s third-biggest crude consumer, according to Interfax’s Kumar. China’s largest refiner, Sinopec, will delay making purchases from America, while Beijing has rejected Trump’s call for its allies to cut to zero purchases from Iran.

“This presents India with an opportunity to negotiate hard, given the country’s energy needs are rising and the U.S. is a more-than-willing supplier in present circumstances,” he said.

https://www.bloomberg.com/news/arti...ver-fastest-growing-oil-market-at-iran-s-risk

 

[Thumboor]

This is the third Iranian official warning that either all export freely from the Persian Gulf, or none will!

Tehran Says 'Impossible' to Halt Iran's Oil Exports, Warns US of Consequences
© AFP 2018 / ATTA KENARE
MIDDLE EAST
13:46 08.08.2018(updated 13:58 08.08.2018)Get short URL
370


The US is set to impose sanctions on Iran's oil trade in November, following a withdrawal from the Iran nuclear deal. Tehran has warned Washington against taking this step on multiple occasions, threatening to block the Strait of Hormuz in return.

Iranian Foreign Minister Mohammad Javad Zarif has warned the US that its attempts to stop Iranian oil exports will ultimately fail, the daily newspaper Iran reported.

"They can't think that Iran won't export oil and others will," he said.

Zarif warned Washington against keeping the "simplistic and impossible idea" of halting Tehran's oil exports and reminded that otherwise the US will face "consequences." He didn't specify what consequences the country would face.

The foreign minister also scolded the US saying its constant "zig-zagging" made it an untrustworthy partner to hold negotiations with.

READ MORE: EU Firms Likely to Cut Ties With Iran Despite Bloc's Bids to Thwart US Sanctions

Zarif added that perception of Iran has changed after the US withdrew from the Iran nuclear deal and that now most of the world supports Tehran.

"There is a big difference this time […] Before nobody supported Iran. But now, all the countries in the world are supporting Iran," he said.

On August 6 the US imposed sanctions on trade with Iran involving the Iranian currency, sovereign debt, cars, aircraft, gold and other metals. Washington plans on adding Iranian oil and gas to the sanctions in November this year.

Iran warned the US against blocking its oil trade, threatening to block the Strait of Hormuz, widely used by the regional states to export their oil and gas. US President Donald Trump responded by saying that Tehran shouldn't threaten the US otherwise it would face severe consequences.

READ MORE: Int'l Business Analyst Explains Who Is Biggest Winner in Anti-Iranian Sanctions

Trump has consistently been a harsh opponent of the Iran deal, calling it "defective at its core." He demanded to "fix" it, threatening to withdraw the US from the deal and to re-impose economic sanctions.

The re-imposed sanctions will affect any company doing business with Tehran, putting European firms at risk, as some have heavily invested in Iran and will likely be unwilling to break ties with the country.

READ MORE: Trump: Anyone Doing Business With Iran Won't Be Doing It With US

French President Emmanuel Macron and German Chancellor Angela Merkel, heads of two of the EU's leading countries, attempted to convince Trump to stick to the deal, but these efforts ultimately failed. On August 7, the EU put into effect a renewed Blocking Statute that aims to protect European businesses from US sanctions.

Would have been better not to issue a statement and just continue trading, the haramkhor yanks only understand one thing.









Nukes