Results 1 to 2 of 2

Thread: America does much business with Iran

  1. #1
    Olympic Champ
    Join Date
    Mar 2007
    Location
    On the forums
    Posts
    8,345

    Default America does much business with Iran

    Ok, maybe not directly BUT Americans buy Chinese products. China uses the money to buy Iranian oil.

  2. #2
    Olympic Champ
    Join Date
    Mar 2007
    Location
    On the forums
    Posts
    8,345

    Default Re: America does much business with Iran

    See the clothes you wear were most likely made using Iranian oil:

    China's economy is booming, witnessed by its skyrocketing energy needs. Oil imports have doubled over the past five years and surged nearly 40 percent during the first eight months of 2004 alone. In an effort to secure future energy reserves, state oil trader Zhuhai Zhenrong agreed earlier this year to buy $20 billion of liquefied natural gas (LNG) from Iran over the next 25 years. More recently, Beijing signed a much bigger accord with Tehran under which China will buy Iranian oil and gas and help develop the country's giant Yadavaran oil field.

    http://www.globalpolicy.org/security...110booming.htm

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •