By Jerry PDX
monday, march 2, 2026 at 11:48:00 p.m. est
Well, if they took out baltimore....just kidding, sort of. I'm not convinced this war is about nukes or their "sponsorship of terrorism," certainly not because they kill protestors; we only care about that sort of thing when it serves as useful propaganda. iran is the world's 8th leading oil producer, and with oil being the convergence point of so many world conflicts, I wondered who iran was selling their oil to. The below answer is revealing as to why the western banks might be a little po'd at iran. china is trying to establish a petro yen to challenge the petro dollar and is a member of brics; iran may just be a hotspot where our cold war with china is heating up:
As of early 2026, iran exports approximately 1.6 to 2 million barrels of oil per day, with over 80%—or nearly all of its seaward exports—going to china. These sales are facilitated by independent chinese refiners, often bypassing U.S. sanctions through ship-to-ship transfers, despite recent, heightened risks of disruptions due to regional conflicts.
Key details regarding Iran's oil sales include:
Primary buyer: china is the overwhelmingly dominant buyer of iranian crude, purchasing most of its exports, which helps sustain the iranian economy despite sanctions.
Sanction evasion: iran uses "ghost fleets," and ship-to-ship transfers to hide the origin of its oil to bypass U.S. sanctions.
Market context: iran is a major producer with around 4 million barrels per day in total production, but sanctions have severely limited its customer base to, almost exclusively, asia.
Regional impact: The oil sales are critical to iran's economy and fund various regional proxies.
While some reports historically indicated smaller, sporadic sales to other asian nations, china has become the nearly exclusive recipient of iranian oil in 2026, Reuters reports.
By Grand Rapids Anonymous
tuesday, march 3, 2026 at 12:25:00 a.m. est
Oil...yes. P.T. is fixated on oil. But Israel has their own reason(s).
So you make an alliance.
And that's how you play survivor.
--GRA
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