Iran Can No Longer Rely On Trade With China

[atan651]

LOL - Yes, Iran should turn to the West for growth and prosperity.

 

[Pax Ottomana]

Coronavirus is indeed placing oil-dependent economies around the world between a rock and a hard place.

 

[Globenim]

Selfmasturbatory American propaganda pishing for ignorants.

oil in March amounted to just $80 million, down 92%

This is U.S. Dollar denominated imports. Corona virus slowdown and Saudis oil price war flooding the market caused a worldwide oversupply. Crude prices fell drastically over the year.

Oil imports from Saudi Arbia arae down 10% as well on the same metric.

Oil imports from India are down 96% on the same metric. Does that mean India is being isolated?

Reality is that China actually imported more oil.

Even though non-oil exports to China remained stable in March at $384 million

So the headline is just retarded hyperbole. Of course either way, debunked or not, they will spin it against Iran or China