Europe folds like a cheap suit – winds down import of Iranian oil

Europe folds like a cheap suit – winds down import of Iranian oil

- in Features, News and Opinion
180
@Bunkerville

This didn’t take long now did it? Europe huffs and puffs.The media are so sure that Trump is wrecking our important relationships with our allies across the pond.

This as we just celebrated D-Day when we gave up our precious treasure of blood and life of our  young men for them. And Germany? What penance are you willing to give to us for us having to shed blood twice last century for your attempt at self-aggrandizement.

Even today, we pay for Europe’s security and now we ask you all to kick into the kitty by engaging in FAIR trade with us. So we want Europe’s support in fixing the feckless Iranian deal. After much bluster it looks like they are caving like a cheap suit:

After an initial hesitance over how the returning U.S. sanctions will affect Iran’s oil buyers, European refiners are beginning to wind down purchases from Iran after tanker providers, insurers, and banks began to shun Iranian deals and destinations for fear of exposing themselves to secondary sanctions.

Several large European companies in France, Spain, Italy, and Greece are reportedly admitting that they won’t risk U.S. sanctions and are unable to find tankers and insurer providers willing to facilitate shipments of Iranian oil to Europe, Reuters reported on Wednesday, citing company and trading sources[…]

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