Oil traders dump Iran
Arutz Sheva quotes a report from the Financial Times of London that says that the World's three largest (a claim for which I will not vouch) oil trading companies will no longer do business with Iran.The three largest oil trading firms in the world – Glencore, Trafigura and Vitol – announced Monday that they would no longer do business with Iran. A report in the London Financial Times said that the companies had concluded that there was too much risk and not enough profit in supplying Iran. The three companies had been responsible for supplying Iran with about half its daily oil use.Hmmm.
posted by Carl in Jerusalem @ 7:49 PM
1 Comments:
I dont believe it either. What they say and do are often quite different things.
For oil companies, money is the object and I'm sure they will use a proxy while faking this stance.
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