5 hours ago5 hr nice AI copy and paste.the actual license is here: https://ofac.treasury.gov/media/935376/download?inlineof note, it allows the US to import Iranian oil (😂)and China is not restricted from purchasing per the license
3 hours ago3 hr 2 hours ago, ClearedHot said:The U.S. restricts Iranian oil sales primarily through heavy financial and shipping sanctions, targeting foreign banks, shipping companies, and refiners that buy from Iran to cripple its economy. These measures, often utilizing secondary sanctions, essentially cut Iran off from the global financial system and tanker services, though occasional temporary waivers (like the 2026 30-day waivers for stranded oil) are used for global price stabilization.Secondary Sanctions: The U.S. threatens to penalize third-party countries and companies—notably in China—that purchase Iranian oil or petroleum products.Banking Restrictions: Sanctions prevent Iran from accessing international financial systems, making it difficult to process payments for oil sales, often forcing the use of illicit networks.Shipping & Tanker Bans: The U.S. targets the national tanker company of Iran (NITC) and forces shipping insurance providers (like the International Group of P&I Clubs) to deny coverage for vessels carrying Iranian oil.Maximum Pressure Campaign: Sanctions target Iran's petrochemical and energy sectors directly, focusing on closing off all avenues for revenue.So Iran is giving away their oil out of the kindness of their hearts.
1 hour ago1 hr UAL expects oil to hit $175 per barrel. FortuneUnited Airlines plans for oil hitting $175 a barrel and s...CEO Scott Kirby pointed out jet fuel prices have more than doubled in the last three weeks, representing an additional $11 billion in annual costs if prices stay at that level.
1 hour ago1 hr 8 minutes ago, Sua Sponte said:UAL expects oil to hit $175 per barrel.FortuneUnited Airlines plans for oil hitting $175 a barrel and s...CEO Scott Kirby pointed out jet fuel prices have more than doubled in the last three weeks, representing an additional $11 billion in annual costs if prices stay at that level.Can confirm UA is pricing accordingly. Anyone here cheerleading Trump/Pete in their anti-maga war efforts? I mean, you voted for this, right? Iran was soooooo close, right? Airmen dying is noble, right? Isreal is worth US blood, right?
1 hour ago1 hr 15 minutes ago, disgruntledemployee said:Can confirm UA is pricing accordingly.Anyone here cheerleading Trump/Pete in their anti-maga war efforts? I mean, you voted for this, right? Iran was soooooo close, right? Airmen dying is noble, right? Isreal is worth US blood, right?Some of us believe that expensive gas and unstable markets are worth it to move the pieces on the board for the inevitable war with China.Apparently some of the Trump admin, including Trump himself, agrees.I'll judge the effort once it's done, or at least a few months in, but if it works, then yeah, easily worth it.Seriously though, noble deaths? Who's the child now? We all signed up to die for causes that were too big for us to understand as 18 years olds. Now you should know better. Edited 55 minutes ago55 min by Lord Ratner
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