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Can't China negotiate with Iran safe passage for its own oil only?
by cassepipe 7mo ago
Can't China negotiate with Iran safe passage for its own oil only?
- tartoran 7mo agoNot very likely. If only China bound oil passes through the strait all others would oppose, even destroy the tankers.
- bluegatty 7mo agoGoodness, no. The only entity interested in attacking tankers is China. Everyone else - even the US, wants the tankers to pass, even if it's to China. China has huge leverage with Iran. The issue is one of risk - the mere existence of hostilities means nobody can get insurance. All Iran had to do was say 'it's shut down' - and insurance prices go through the roof. No more oil. The business math goes nuts.
- cassepipe 7mo ago> The only entity interested in attacking tankers is China I don't understand how that makes sense > China has huge leverage with Iran. Which is why it could negotiate safe passage for itself Overall I don't get your point
- bluegatty 7mo agoSorry - I meant Iran. The only entity interested in attacking the tankers is Iran. Yeah, as it was written, it makes no sense. I'm responding to someone indicating that 'China' would be involved in attacking tankers.
- cassepipe 7mo agoThat would be a bit crazy that a neutral third-party would get attacked by the US coalition just for being... neutral ?