Some of China’s largest ports have received Iranian crude this year, supporting a multibillion oil trade and highlighting a significant gap in U.S. efforts to curb funds for Tehran’s military. https://www.japantimes.co.jp/business/2025/07/02/chinese-ports-iranian-oil-sanctions/?utm_medium=Social&utm_source=mastodon #business #china #iran #middleeast #oil
This #oil & #gas financing/production analysis is interesting in many ways.
▶️ #China is actually ranked fourth, but not mentioned anywhere in the report.
▶️ #Russia is, surprisingly, not categorized as " #globalnorth" despite being considered that by the #UN,
▶️ Stunning how much the #US has become a #petrostate - and perhaps a understated reason for our current political situation.
President Donald Trump on Tuesday appeared to undermine years of U.S. sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel. https://www.japantimes.co.jp/news/2025/06/25/world/politics/trump-china-buy-iranian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #iran #middleeast #israel #us #donaldtrump #oil #china
Around 84% of oil passing through the Strait is destined for Asia, leaving the economies of China, India, South Korea and Japan vulnerable to an Iranian blockade. https://www.japantimes.co.jp/business/2025/06/24/economy/asia-oil-strait-of-hormuz/?utm_medium=Social&utm_source=mastodon #business #economy #straitofhormuz #iran #unitedarabemirates #oman #shipping #trade #middleeast #oil #asia #china #india #southkorea
wakest ⁂
boosted
"Last week 2,000 scientists recommended to governments that all deep sea exploration be paused whilst further research is carried out; just 0.001% of the seabed has been mapped."
#EsmeStallard, 2025
https://www.bbc.co.uk/news/articles/cq69e4j6jz8o
Meanwhile the NatACT government in Aotearoa is actively encouraging mining corporations to "invest" in large-scale destruction of the seabed around our islands.
Will no one rid us of these turbulent priests? Well, there is an election coming ...
"At the conference ministers from 97 countries, including the UK, signed a joint political statement saying they wanted an ambitious treaty to be signed on [plastic production].
But this only included one of the top ten oil-producing nations - Canada. Plastic is made from oil, so any commitment to reduce production could harm their income, the countries claim."
#EsmeStallard, 2025
https://www.bbc.co.uk/news/articles/cq69e4j6jz8o
All the more reason to end fossil fuel industries ASAP.
Time for change. #grickledoodle #bears #oil#climatechange#justice#cartoon#art#drawing#funny
