The cost to ship oil from venzuela to China is too costly. Venezuela oil share is not able to replace Iran. China will continue to buy oil from Iran. GCC with US lackey from Saudi,UAE are not reliable partner for China of oil supplier. They have yet to accept rmb as payment for oil more or less shows where are they heading. Do not trust these media clown. The reduction is due to over surge of import from April and once supply dries up, the import will resume.
You must understand how international oil supply works. Saudi, UAE, Kuwait, Oman, Bahrain, Qatar and other GCC countries together export 15 million barrel of oil. Iran only exported 2 million barrel of oil (and 0.5million barrel of Natural gas liquid) at its peak in 2017. So, The GCC can simply say that it will reduce exports to 13 million barrel a day or less if you don't stop Iranian oil. People will calculate that the ability for GCC to reduce exports is much more than what Iran can provide. So, it is a natural choice that Iranian oil will be discontinued.
Regardless of whether China trusts Saudi or not, China has no reason to consider Iran any more trustworthy either. So, why will China refuse to buy Saudi oil instead of Iranian oil? Moreover, USA is the lackey of GCC and not GCC being USA lackey. USA is acting against Iran due to threats from GCC
Can you predict America will or not start military attack on Iran?
USA does not want to complicate scenario as Iran retaliation on oil supply lines, ports and oil fields by missiles can cripple oil trade and hence USA and world economy. If Iran forces USA to attack, it might attack
Sinopec don't need US bank for survival. They are sanction proof. If not , how do Chinese arm dealer like NORINCO and poly tech to survive and even doing well in worldwide arm deals?
Chinese need GCC oil for survival though! China is not obliging USA but GCC countries. So, the Iran sanction adherence will depend on what GCC offers to China in return
Yes, I know I have seen the pictures of B52 in Qatar bases, that's why I have mentioned that both bombers and attack jets are stationed in ME in anticipation of attacks.
Americans would try to intimidate Iranians to make mistakes, giving them chances and opportunities to attack Iran.
Anyway, India not standing with Iran, considering you have such close relationship with Iran!!!
Where is your loyalty to your friend Iran!!
Iran is going to learn a harsh lesson.
I would regret any loss of lives, but sad reality is it may happen.
Iran has regularly pricked India on Kashmir. There is hardly any friendship between India and Iran. Why talk nonsense? India will support friendly countries who have are not hostile to India like Venezuela, Sri Lanka, Myanmar etc against USA sanctions. But Iran is not such a country