TheImmortal
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Iranian Chill Thread
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Specialists, 3D printed, remarkable, magic, mini Bayrakdar spirit
All this magic was done against SAA by ISIS ten years ago and we called it toy copters in this forum. Now they are remarkable, Specialists, 3D printer, magic
It is good not to fall for the propaganda part.
This is the result of empty propaganda going flat in the face of reality.
TheImmortal
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Sineva
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Iran Ramps Up Oil Exports as China Pulls Back on Russian Crude
Increase was fastest of any Middle Eastern nation and highest since President Trump reinstated oil embargo after pulling out of 2015 nuclear pacthttps://www.wsj.com/amp/articles/iran-ramps-up-oil-exports-as-china-pulls-back-on-russian-oil-11651142115
By Benoit Faucon
Updated April 28, 2022 6:45 am ET
Iran is ramping up oil exports and benefiting from a rise in oil prices as its main buyer, China, pulls back on its purchases of Russian oil due to the war with Ukraine.
Iran oil exports—which go almost exclusively to China apart from rare deliveries to Syria and Venezuela—rose to 870,000 barrels a day in the first three months of the year, up 30% from an average of 668,000 barrels a day in the full-year 2021, said commodities data provider Kpler. China cut back its purchases of Russian oil by 14% in March, according to data from Chinese customs administration.
Iran’s growing exports illustrate how the invasion of Ukraine is redrawing the world’s energy trade routes, as energy consumers look for alternatives to Russian oil and gas to avoid Western sanctions. The changes are expected to accelerate as more Russian oil comes off the market, with the International Energy Agency predicting that the country’s production will fall by more than a quarter.
Iran’s exports grew faster than any other Middle Eastern nation in the first quarter, and marked the highest level of oil that Iran has exported since President Trump reimposed sanctions on Tehran in 2018 after pulling out a 2015 nuclear accord signed under President Obama, according to Kpler.
Russia and Iran have aligning interests on a range of issues, including supporting President Bashar al-Assad in Syria and opposing the U.S.-led global order. But in the oil market, they are competitors, as some of Iran’s crude has a similar composition to Russian grades that makes it easy for refineries to substitute them for each other.
Iran is now selling more oil to China despite charging higher prices than Moscow after oil prices rose to a decade high in the wake of Russia’s invasion of Ukraine.
Moscow is selling its oil at a discount of $30 a barrel compared with international prices, while Iran offers smaller rebates of $20 a barrel, according to an Iranian official.
Iran’s oil exports rose by 40% in the year ended March 20, the country’s oil minister, Jawad Owji, told state media earlier this month. As a result, the government received about 10% more than the amount of oil revenue it had initially expected, Mr. Owji said.
The opportunity to sell more oil comes at an especially opportune time for Iran. It had been preparing to increase its oil output in anticipation of a nuclear deal with the U.S. that would have included an end to the embargo on Iranian oil. Talks to revive the pact have stalled.
In recent months, Iran launched testing drills to restart onshore wells that were idle for years because of the sanctions, Iranian officials say. “We are going to be ready to sell more oil,” said an Iranian official. The aim was to substantially increase production to be able to export an additional 1 million barrels of oil a day as soon as the deal became effective, the officials said.
Iran also sent tankers carrying millions of barrels of oil for temporary storage ready to be snapped by buyers, these people said. Data from shipping-tracker Marine Traffic shows the locations of the idling vessels include a northern Chinese port that is near South Korea, which has said it would restart Iran oil purchases if sanctions are lifted.
But since then, oil deliveries from Russia—the world’s biggest oil and gas exporter-—have been coming under pressure with many buyers shunning its products while others, such as the U.S., are banning them outright.
State-run China National Offshore Oil Corp. halved its imports from Russia to 60,000 barrels a day in March while it boosted its Iran oil imports by 30,000 barrels a day, Kpler said.
“China remains cautious over how to handle the Ukraine crisis,” an analyst with Kpler said. While at the same time, “it does not expect to be hit by the U.S. over Iran because Washington has its plate full with Russia.”
While most countries have so far condemned Moscow’s actions in Ukraine, China has refrained from calling the Russian assault on Ukraine an invasion. But in talks with the U.S., China has presented itself as a neutral party and insisted it advocates respecting the sovereignty and territorial integrity of other countries
The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ’s Greg Ip joins other experts to explain the significance of what has happened so far and how the conflict might transform the global economy.
Tehran doesn’t disclose official data for its oil exports, which are carried through covert tactics such as vessels going dark or transferring their cargoes to other ships to conceal their origin.
An Iranian official said oil shipments were higher than the Kpler figures, saying they hit 1.2 million barrels a day—with an additional 300,000 barrels a day delivered to China through third-party countries.
Another Iranian official said Russia’s increased isolation on the world stage in the wake of the Ukraine invasion means Moscow’s oil is now much more difficult to sell than Iran’s crude.
“Ukraine changed everything” for Tehran’s oil sales, the Iranian official said.
TheImmortal
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Specialists, 3D printed, remarkable, magic, mini Bayrakdar spirit
All this magic was done against SAA by ISIS ten years ago and we called it toy copters in this forum. Now they are remarkable, Specialists, 3D printer, magic
It is good not to fall for the propaganda part.
Try to focus on the footage and tactics and not the words of the user.
A quad copter dropping grenades is still deadly. Any soldier taken off the battlefield is one less in the trenches.
Ok but would be fair to use those words properly. It is propaganda now.
Cancerous Tumor
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Report for Selected Countries and Subjects
www.imf.org
1.7 T ! Iran
Iran GDP-PPP 1.5 T
Pakistan GDP-PPP 1.3 T
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عيد مباركTheImmortal
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Ukrainian side has been engaging in propaganda since Day 1.
I follow both sides of sources. I can filter out propaganda and re-used footage. I got used to it following the Syrian war. But there some Ukrainian sources that I absolutely stay away from since they re use footage from weeks ago. Some dont.
If you follow only pro-Russia sources then you only get one side of the damages.
Both sides are inflicting significant damage on each other.
Let’s see what Putin says during the May 9th parade. Rumors he might call for general mobilization. Not sure I believe that.
Your RT does not mean approval then.
May 9 can mean important things. Sentiments can change with that.
TheImmortal
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That is correct.
TheImmortal
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TheImmortal
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TheImmortal
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@Shawnee
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If this passes (likely will in this Russia-phobic climate) then how long can Putin continue his war? Certainly going off war chest alone he can survive. But Saudi Arabia’s Yemen venture showed how easy it is to dwindle a war chest fast.
It also explains why Europe is desperate to get Iran to drop the FTO demand on IRGC. Iranian oil could play a nice role. However, I am not sure how many refineries in Europe can process Iranian crude. Back in the day (pre 2010) there were quite a few. Venezuelan oil could also be an option.
EU is expected to approve a Russian oil embargo in a bid to halt the Ukraine war, a report says
EU ambassadors are expected to meet on Wednesday to finalize the proposal, weeks after EU countries discussed the measure.
If this passes (likely will in this Russia-phobic climate) then how long can Putin continue his war? Certainly going off war chest alone he can survive. But Saudi Arabia’s Yemen venture showed how easy it is to dwindle a war chest fast.
It also explains why Europe is desperate to get Iran to drop the FTO demand on IRGC. Iranian oil could play a nice role. However, I am not sure how many refineries in Europe can process Iranian crude. Back in the day (pre 2010) there were quite a few. Venezuelan oil could also be an option.
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