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by calvinmorrison 91 days ago
They have a heavy dependence on imported crude from the middle east, and their alternative sources like pipelines from russia do not have enough to cover them, their domestic resources are max tapped and thier strategic supply cannot last for an extended period.
2 comments

Which will resume trading in Yuan. Anyone who bends the knee, will get to buy oil.

But not the US, and not in dollars. Serious 20D chess, it’s so genius it’s incomprehensible.

doesnt matter what its trading in, you need to be able to physically move the goods.
yea, this is why they are sitting idle and doing nothing right now, makes sense /s