Yet another reason why I think Canadian Oils will be a good investment. Forbes (where I first read about them) is worth the subscription price.
China would need to test it’s ability to quickly diversify out of Iranian oil in response to an Iran being bombed and invaded by Israel and the US.
We all know Obama isn’t going into Iran. Imagine a new Republican President being told that Iran is preparing for a nuclear strike on Israel... China see’s this as a very real possibility.