this post was submitted on 01 May 2025
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Trump says any country that buys oil from Iran will not be allowed to do business with U.S. (www.cnbc.com)
submitted 2 months ago by Deceptichum@quokk.au to c/world@quokk.au
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Trump’s comments are clearly directed at China, which is importing more than 1 million barrels per day from Iran, said Scott Modell, CEO of consulting firm Rapidan Energy. Modell said U.S. sanctions are unlikely to have an impact on Iranian oil flowing to China unless the White House targets Beijing’s state-owned enterprises and infrastructure.

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[–] protist@mander.xyz 4 points 2 months ago* (last edited 2 months ago) (2 children)

Rather than bend to Trump's will, yes. The US can wield significant influence globally when its power is exerted skillfully, but everyone knows Trump's decision-making is capricious and inconsistent, so they treat him as an unreliable partner. They know whatever agreement they come to with him could be thrown away the next day, so they just aren't going to negotiate anymore

[–] Cruxifux@feddit.nl 2 points 2 months ago

See that’s why I kind of love this. I don’t live in the US and the US hegemony that has been destroying the world for generations is crumbling under the stupidity of their new champion.