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China rejects Obama's Iran oil import sanctions (REJECTED!)
google ^ | 3/31/2012 | AP

Posted on 03/31/2012 3:57:23 AM PDT by tobyhill

China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations.

South Korean officials said they will continue working with the U.S. to reduce oil imports from Iran, as other U.S. allies who depend on Iranian oil worked to find alternative energy supplies.

Obama announced Friday that he is plowing ahead with the potential sanctions, which could affect U.S. allies in Asia and Europe, as part of a deepening campaign to starve Iran of money for its disputed nuclear program. The U.S. and allies believe that Iran is pursuing a nuclear bomb; Iran denies that.

China is one of the biggest importers of Iranian oil, and its Foreign Ministry reiterated its opposition to the U.S. moves.

"The Chinese side always opposes one country unilaterally imposing sanctions against another according to domestic law. Furthermore it does not accept the unilateral imposition of those sanctions on a third country," the ministry said in a brief statement Saturday.

(Excerpt) Read more at google.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: china; energy; iran; iransanctions; oil

1 posted on 03/31/2012 3:57:32 AM PDT by tobyhill
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To: tobyhill
Obama never had any intent to ‘sanction’ Iran. He loves Iran. He will relocate there after the election, to be with, as he says, ‘his own kind’. China just took the fall for him.

Hussein Barrach Obama

Don't worry. The Iranians will take really good care of you.

2 posted on 03/31/2012 4:04:49 AM PDT by 240B (he is doing everything he said he wouldn't and not doing what he said he would)
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To: tobyhill
The best part will come when he formally ‘declares’ that Saudi Arabia is actually a part of Iran.

He believes this. He is selling the ‘House of Saud’, which he hates, to the Iranians.

According to Obama, “Mecca is the holiest place on Earth.” and it belongs to Sheeaih only. I do not know what this means. But, it seemed important to him.

3 posted on 03/31/2012 4:11:23 AM PDT by 240B (he is doing everything he said he wouldn't and not doing what he said he would)
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To: 240B

Obama said that? That Mecca belongs to the Shi’ites only?


4 posted on 03/31/2012 4:18:27 AM PDT by Future Snake Eater (If we had a President, he'd look like Newt.)
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To: 240B

“But, it seemed important to him.”

Then it is triple important that it becomes a hazmat site.


5 posted on 03/31/2012 4:31:17 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Future Snake Eater
He has put himself in a bad spot because he is stupid.

He loves Iran, but Iran does not trust him.
The Sunnis do not trust him.
The Muslims in general do not trust him, even though he has done everything in his power to help them.
Europe does not trust him.
Real Asia, not this made ME Asia, just thinks he is a fool.

Russia trusts him completely, however, they lack faith in his ability. They call him a well meaning sympathizer, but really stupid and kind of a doofus.

At this point, Obama has no idea what he is doing or where he is going. He has put himself out on a limb with nowhere to go.

6 posted on 03/31/2012 4:32:58 AM PDT by 240B (he is doing everything he said he wouldn't and not doing what he said he would)
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To: 240B
There's an old saying that comes to mind when thinking of Obama, “If you can't dazzle them with brilliance, baffle them with bullcrap”.
7 posted on 03/31/2012 4:39:01 AM PDT by tobyhill (Fight Fire With Fire)
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To: 240B

nobama is such a self-important feckless loon. His WTF foreign policy is foreign to our interests. Paired with the hillary clintool loon, it can ponly lead to failure for America. One can only hope the upcoming election rids America of these destructive, anti-American creeps. Their incompetence would be funny, if it weren’t so corrosive. They (and their minions) should be in a cell in Leavenworth.


8 posted on 03/31/2012 4:39:06 AM PDT by hal ogen (1st Amendment or Reeducation Camp?)
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To: tobyhill
Rejected & Laughed At!
9 posted on 03/31/2012 4:43:23 AM PDT by TexasCajun
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To: tobyhill
"REJECTED"

The key phrase is in the 6th paragraph, "Beyond the rhetoric"

Formally or rhetorically, China may be resisiting, but practically, China has reduced Iranian imports.

10 posted on 03/31/2012 4:44:25 AM PDT by Ben Ficklin
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To: Ben Ficklin
Though the government has not explained the reductions, oil traders and industry executives have said it may stem more from a pricing dispute with Iran than as a response to U.S. pressure.

or it may be that China's economy isn't as strong as reported.

11 posted on 03/31/2012 5:30:39 AM PDT by MulberryDraw (Toilet paper, the poor man's gold. It will hold its value better than the dollar.)
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To: tobyhill

One of my favorite words is fungible

1
( often plural ) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
I will add oil to this

Any plan to stop imports from Iran must be total, or there is no effect. Since the total amount of oil being produced is used, unless there is a total boycott of Iranian oil, that oil will be sold to someone somewhere

Example, we/China stop buying oil from Iran , that means we/them will buy oil from someone else,(we/them still need that oil) that oil was being bought by someone else who will now have to buy from someone else, perhaps Iran

Oil is bought and sold, traded...., I would imagine eventually it is nearly impossible to know where that oil came from in the first place

I will add that it is very funny that the Obama admin calls for increased production from Brazil, Saudi,.... to lower prices, but increased production here won’t?


12 posted on 03/31/2012 5:47:46 AM PDT by blitz128
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To: tobyhill

One of my favorite words is fungible

1
( often plural ) moveable perishable goods of a sort that may be estimated by number or weight, such as grain, wine, etc
I will add oil to this

Any plan to stop imports from Iran must be total, or there is no effect. Since the total amount of oil being produced is used, unless there is a total boycott of Iranian oil, that oil will be sold to someone somewhere

Example, we/China stop buying oil from Iran , that means we/them will buy oil from someone else,(we/them still need that oil) that oil was being bought by someone else who will now have to buy from someone else, perhaps Iran

Oil is bought and sold, traded...., I would imagine eventually it is nearly impossible to know where that oil came from in the first place

I will add that it is very funny that the Obama admin calls for increased production from Brazil, Saudi,.... to lower prices, but increased production here won’t?


13 posted on 03/31/2012 5:50:03 AM PDT by blitz128
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To: tobyhill

China rejects Obama’s Iran oil import sanctions

Yet another example of the libtard’s constantly heralded and perpetually failing “better and smarter diplomacy”.


14 posted on 03/31/2012 5:56:17 AM PDT by Common Sense 101 (Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
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To: tobyhill

China is laughing at the USA


15 posted on 03/31/2012 6:09:39 AM PDT by Steven Tyler
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To: Future Snake Eater

Obama said that? That Mecca belongs to the Shi’ites only?


That there’s crazy talk. Hashemites and Wahabbists long for the day to stamp Shi’ia into nothingness.


16 posted on 03/31/2012 6:09:54 AM PDT by txhurl (Thank you, Andrew Breitbart. In your untimely passing, you have exposed these people one last time.)
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To: txhurl

Yeah, there’s no way Obama said that. That would be insane, even for him.


17 posted on 03/31/2012 6:27:11 AM PDT by Future Snake Eater (If we had a President, he'd look like Newt.)
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To: tobyhill
China needs real oil...now. Not a promise of green energy at some point in the future. Maybe 0bama should have told them to inflate their tires or use algae until he invents a new form of energy.
18 posted on 03/31/2012 7:12:31 AM PDT by NRG1973
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