US Grants China an Iranian Oil Waiver

Florida Senator Marco Rubio posted a typical whining comment on June 28th, “The Administration stopped issuing sanctions waivers for Iranian oil exports in May, yet China just received massive oil cargo from Iran. The tanker Saline, capable of carrying 1 million barrels, docked in Jianzhou bay on June 20.”

To illustrate how far things have fallen in the west, the prospect that one nation – any nation – may determine on behalf of any other sovereign nation the means by which it trades, is not only absurd, but supremely dangerous.

While this is no surprise to most people, when US threats of gunboats and sanctions fail to intimidate nations like China and Russia, then that creates a sense of alarm in US State. While the US B-team bandies about empty threats on the world stage  — Trump claimed he was minutes away from striking Iran for Iran’s defensive strike on a US Global Hawk RQ-4 on June 20th, then he backed down, full of doubt  — the US State Department is now preparing to issue a special use waiver to China, allowing China to purchase Iranian oil.

The Anti-Capitalistic …
Ludwig von Mises
Best Price: $11.35
Buy New $3.95
(as of 07:25 EDT – Details)

Now, the reason for the US waiver to China on Iranian oil imports is simply to save face, and prevent embarrassment: a) that the US has no control over China’s infrastructure or foreign policy and

You can read the rest of this article at: