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Iran Oil Sales Up - Fights Back Against Sanctions  
User currently offlineflightfan4ever From , joined Dec 1969, posts, RR:
Posted (2 years 2 months 2 weeks 4 days 19 hours ago) and read 1372 times:

In what is a hugely positive development for Iran's economy, oil exports have increased for the second consecutive month:

http://www.ft.com/intl/cms/s/0/8498e...e-10a0-11e2-87cc-00144feabdc0.html

Given the economic pressures that many ordinary Iranians have been facing as a result of sanctions, this is unboubtedly very welcome news for them.

6 replies: All unread, jump to last
 
User currently offlinePHX787 From Japan, joined Mar 2012, 7975 posts, RR: 19
Reply 1, posted (2 years 2 months 2 weeks 4 days 18 hours ago) and read 1362 times:

From what I saw on that link, it's increased exports to Syria, Russia, and China, no?

More UN sanction by-passing going on, ever increasing my annoyance with the US hosting a pointless international body on our soil  



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User currently offlinecasinterest From United States of America, joined Feb 2005, 4796 posts, RR: 3
Reply 2, posted (2 years 2 months 2 weeks 4 days 14 hours ago) and read 1307 times:

Quoting flightfan4ever (Thread starter):
In what is a hugely positive development for Iran's economy, oil exports have increased for the second consecutive month:

It may be good for them , but it may be a dead cat bounce, and a lot of it will depend on the ability of Iran to secure financing for this.

Quoting PHX787 (Reply 1):
More UN sanction by-passing going on, ever increasing my annoyance with the US hosting a pointless international body on our soil

The UN is a place to try to get things done diplomatically without resorting to war. At this point, China, Syria and Russia are choosing to believe that War and the nuclear ambitions of Iran are not a threat. History will eventually pass judgement. However with the UN, the intentions of the international community are known.



Older than I just was ,and younger than I will soo be.
User currently offlineflightfan4ever From , joined Dec 1969, posts, RR:
Reply 3, posted (2 years 2 months 2 weeks 4 days 10 hours ago) and read 1254 times:

Quoting PHX787 (Reply 1):
From what I saw on that link, it's increased exports to Syria, Russia, and China, no?

Also South Korea, Turkey, India, Taiwan and Japan.

Quoting casinterest (Reply 2):
It may be good for them , but it may be a dead cat bounce, and a lot of it will depend on the ability of Iran to secure financing for this.

To your point, I respond by quoting from the Financial Times Article:

“We have seen the low point of Iranian oil exports,” a Gulf-based senior oil official said. “Asian countries are buying again.”

 


User currently offlineRevelation From United States of America, joined Feb 2005, 12970 posts, RR: 25
Reply 4, posted (2 years 2 months 2 weeks 4 days 9 hours ago) and read 1247 times:

Quoting flightfan4ever (Thread starter):
Given the economic pressures that many ordinary Iranians have been facing as a result of sanctions, this is unboubtedly very welcome news for them.

Undoubtedly? How do we know that profits from oil sales trickle down to the "ordinary Iranians"?

ExxonMobileTexacoEtAl could double sales and it wouldn't put any more money in my pocket.

Perhaps the amount of tax they pay might go up, but they're pretty good at gaming the tax system, so I wouldn't even expect that.



Inspiration, move me brightly!
User currently offlineflightfan4ever From , joined Dec 1969, posts, RR:
Reply 5, posted (2 years 2 months 2 weeks 4 days 9 hours ago) and read 1239 times:

Quoting Revelation (Reply 4):
Undoubtedly? How do we know that profits from oil sales trickle down to the "ordinary Iranians"?

Because "ordinary Iranians" receive significant amounts of subsidies from the government as a result of oil exports e.g. subsidized fuels, utilities, staple goods such as grains and rice etc etc.


User currently offlineRevelation From United States of America, joined Feb 2005, 12970 posts, RR: 25
Reply 6, posted (2 years 2 months 2 weeks 4 days 8 hours ago) and read 1222 times:

Right, but how do we know that the current increase in exports being discussed ends up going that route as opposed to going to a Swiss bank account? Let me guess - because of the transparency of the Iranian government?


Inspiration, move me brightly!
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