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© (c) Copyright Thomson Reuters 2012.Time running out for Japan, other Asian buyers of Iran oil
By Judy Hua and Osamu Tsukimori TOKYO©2024 GPlusMedia Inc.
9 Comments
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IamGaijin
Go buy that Iranian oil. the world needs it!
timtak
It is amazing how good Europeans are at providing insurance and that there are no insurance providers in Asia that can replace those in the EU.
nath
Pusing Iran into a corner might not be to wise.
NetNinja
It's wise. Especially when you want to pick a fight.
johninnaha
Here's the plan.
Slag Iran to hell in the media, using the excuse that they've got WMDs. Put the squeeze on them financially. Push them into a corner, so that the only way out they have is to fight. Then, when they do something even slightly aggressive, yell, "See! We told you so!"
Then mount a whole scale war and bingo, you got their oil!
Sound familiar?
Way to go, Land of the Free!
patty cake champion
But who else could the west fight in order to jump start the economy?[/sarcasm]
basroil
Thing is, Japan can't afford not to use Iran oil, especially since they have no other way to produce electricity. A huge chunk of the operational electrical plants are oil based, since the coal plants were replaced by nuclear and the idiots shut down the nuclear plants.
Next week we'll see a second article "Japanese Government to insure tanker ships from Iran" and a sister article "US Government displeased at Japanese Government over tanker ship insurance program".
Ninoh
We were all told that oil would run out in a decade and that was the 70's. There is more oil on this planet and they know it. It's all about control.