President Obama's Proposals To Implement Iranian Sanctions Are Not Going To Be Accepted from War News Updates by Bookyards

President Obama's Proposals To Implement Iranian Sanctions Are Not Going To Be Accepted
from War News Updates by Bookyards
China is potentially undermining US-led efforts aimed at curbing Iran's nuclear plans by supplying the state with petrol. Photo AFP

China Firms Selling Fuel To Iran As U.S. Sanctions Loom -- New York Times/Reuters

BEIJING/LONDON (Reuters) - State-run Chinese companies are selling gasoline to Iran, a move that could undermine U.S. pressure on Iran to give up its nuclear programme, traders and a newspaper report said on Wednesday.

Although some sources said the trade had been quietly ongoing for at least a year as Chinese companies joined a handful of global oil traders and Indian refiners who regularly sell to Iran, the revelation of this flow comes at a time when Western powers may consider target Iran's fuel imports if it refuses to enter talks over its disputed nuclear programme.

Iran is the world's fifth-largest crude exporter but imports up to 40 percent of its gasoline as it lacks the refining capacity to meet domestic demand.

Read more ....
http://www.nytimes.com/reuters/2009/09/23/world/international-us-china-iran-oil.html

More News On Iran Sanctions

Report: Chinese State Companies Supplying Gasoline to Iran -- Voice of America
France against fuel sanctions on Iran: foreign minister -- AFP
China selling petrol to Iran, report says -- AFP
'Iran begins fuel imports from China' -- Press TV
China, Russia wouldn't block new Iran sanctions:EU -- Reuters
Israel calls for 'crippling sanctions' against Iran - Netanyahu -- RIA Novosti
US lawmakers put off new Iran sanctions until after talks -- Washington TV
US lawmakers hold off on new Iran sanctions -- AFP
The Lengthening List of Iran Sanctions -- Council On Foreign Relations
Cracks in Iran’s Clique -- Thomas Friedman, New York Times
A smarter way to sanction Iran -- Christian Science Monitor

I have been observing the evolving Iranian discussion on nuclear programs and sanctions for the past few years. I am dishearten to say that from my vantage point nothing is going to change. In fact .... countries like China and France are actively laying the groundwork for more business and commercial relations that are clear contradictions to their public and official policy of supporting sanctions on Iran.

The reasons why are obvious .... the dependence, need and hunger for oil and energy. On my many trips to China over the past two decades, the need for energy has always been the consuming drive of most (if not all) Chinese foreign policy. Iran has enormous oil and natural gas resources .... and the Chinese are not fools .... they are going to make deals with the devil in order to get their hands on that energy.

Sanctions or not.

http://warnewsupdates.blogspot.com/2009/09/president-obamas-proposal-for-iranian.html