Chinese Bank Stops Iranian Oil Transactions Ahead of US Sanctions

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Here yet again we see the Trump effect. In placing new sanctions upon the Islamic Republic of Iran, the US was sending a message to other governments: choose. Choose which country you’d rather do business with — America or Iran. Even China, which is America’s global competitor in so many ways, is choosing the US, as this story indicates. President Trump has been proven correct again and again, and all he gets in response is vituperation and abuse, and impeachment if the Democrats win the House, plus removal from office if they win the Senate. Don’t let that happen. Vote.

“Chinese Bank Stops Iranian Oil Transactions Ahead of US Sanctions,” by David Israel, Jewish Press, October 26, 2018:

The Bank of Kunlun which conducts most of China’s business transactions with Iran, is planning to stop its involvement with that country’s oil exports, in response to the pressure of US sanctions due on November 1, Reuters reported this week.

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China is the largest buyer of Iranian crude oil—about $1.5 billion worth a month—mostly through the Bank of Kunlun. According to Reuters, Chinese refineries have already reduced their oil purchases from Iran in October.

There has been no official response from the bank, or from its parent organization, the China National Petroleum Corporation (CNPC), to the Reuters report.

Majid Reza Hariri, an official with the Iran-China Chamber of Commerce and Industries, denied the report, saying the Bank of Kunlun has not actually halted service to Iran’s oil exports, but rather has notified commercial account holders that in case they have an open letter of credit or unfinished payments, they should complete them by November 1.

Which is as far as one can go putting lipstick on this pig without actually confirming the report…

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Suresh
Suresh
5 years ago

Dems were paid by Iranian lobbyists to support Nuke deal http://tinyurl.com/mcake4d

And their holdovers still support it.

felix1999
felix1999
5 years ago
Reply to  Suresh

They sure do but Trump is the President…
It never ceases to amaze me that western countries don’t care and more than happy to align with absolute monsters, MUSLIMS!

felix1999
felix1999
5 years ago
Reply to  felix1999

Get lost, spammer!
Flagged and blocked, Denny Smilen.

hopespringseternal
hopespringseternal
5 years ago
Reply to  felix1999

Muslims are also the reason for the increased violence and hate towards Jewish
people.

felix1999
felix1999
5 years ago

With less details, Ms Geller read my mind. I will add that China wants a TRADE DEAL with the U.S..
The tariffs and other actions by Trump are making China bend in our direction….
The EU…is selling out countries for what? Savages! They know it and they don’t care. They live for the minute.

felix1999
felix1999
5 years ago

Slightly off topic —– Occasionally people make comments like what can we do?
I don’t like or even hate what is going on with this take over.
Time to get creative, offline and maybe read some history. I don’t think it is a secret that cameras are all over the place in the U.K. and other countries. I also don’t think it is a secret that there is a double standard for Muslims over nonMuslims. I have also read that in Afghanistan and other countries Muslim males dress up like women to flee the Taliban or people they don’t like. Yes, I know guns are illegal in the U.K. but why is GUN CRIME UP? How are they getting guns?

I don’t know….If you’re not willing to look like Obama… you could consider another get-up. If it was me, I’d prefer the full face burka in black with black gloves to thoroughly protect my “modesty”. I wouldn’t want to give any male sexual ideas. Yes my ankles would be covered too and of course my hands with gloves. People would also defend my right to live my religion! I wouldn’t want to take any chances of offending Allah through Islam. I’d want to set the ideal example that is so respected in the U.K. and other countries. Even the U.N. says I should be able to dress as a proper Muslim woman.

Obama
comment image

http://www.channel4.com/media/c4-news/images/22_niqabgraphic2.jpg
comment image

felix1999
felix1999
5 years ago
Reply to  felix1999

Many got away with it too!
The point is you have to be creative!

Jihadi Janes: ISIS militants ‘caught dressing in WOMEN’S clothes and wearing make-up
in attempt to flee Iraq’s battlefields’
* Men tried to escape northern Iraq in dresses and make-up, Iraqi forces said
* Pictures posted on Instagram account that also had photos of corpses
* Women and girls are not allowed to fight under Sharia law
By COREY CHARLTON and LYDIA WILLGRESS FOR MAILONLINE

PUBLISHED: 09:50 EDT, 15 March 2015 | UPDATED: 07:35 EDT, 16 March 2015
https://www.dailymail.co.uk/news/article-2995737/Islamic-State-militants-caught-cross-dressing-attempt-flee-battlefield-unhindered.htmlcomment image
comment image
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Ari
Ari
5 years ago

Trump’s embargo bites. comment image Finnish TV journalist Mari Karppinen, who doesn’t like Trump.

felix1999
felix1999
5 years ago
Reply to  Ari

That’s the idea………..beats going to war….. use check book diplomacy whenever possible.

R. Arandas
R. Arandas
5 years ago

Unless Iran leaves Islam forever, there is really NO hope for their future!

bannedquran20
bannedquran20
5 years ago

Under mom jeans, iran was looking to the Mediterranean as to how much land they can take and now under Trump, they are starving $ wise. Come Nov, The POTUS will turn the screw even more and big time Baba!!

felix1999
felix1999
5 years ago
Reply to  bannedquran20

Iran has spent it;’s money further jihad and their economy is in the toilet.
China wants a trade deal… Trump wisely knows they are not “ready” yet…..
The longer Trump waits, the more eager and compliant China will become…

felix1999
felix1999
5 years ago
Reply to  bannedquran20

Iran has spent it;’s money further jihad and their economy is in the toilet.
China wants a trade deal… Trump wisely knows they are not “ready” yet…..
The longer Trump waits, the more eager and compliant China will become…

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