npub1a9…gfwca on Nostr: "Unreal. This administration let $8.5bn of Iranian oil flood the market, and now ...

"Unreal. This administration let $8.5bn of Iranian oil flood the market, and now it’s just rotting off China’s coast because even their sketchy refiners won’t touch it at these prices. What a waste of leverage and airtime."

"Washington’s 'clever' sanctions carve-out backfired—Iran got paid, China said no thanks, and we look like chumps. Again."

https://theboard.world/articles/markets/iran-oil-waiver-discount-paradox-china-teapots