Despite what his enemies tell us, President Trump is a very smart man. The backing of the Israeli attack on Iran is a major step toward American national security because of its impact on China’s fuel supply. President Trump may have just prevented an Chinese attack on Taiwan.
On March 3, Red State reported:
President Donald Trump’s latest attack on Iran takes a big economic bite out of one of America’s chief rivals: China.
Over the span of two months, the Trump administration has removed the leaders of two countries that both shared China as their most important crude oil customer. Although China buys oil from nations all across the Middle East, Iran was second only to Saudi Arabia as its supplier last year, according to a POLITICO analysis of data provided by market research firm Kpler.
Almost all of Iran’s exported oil, and more than half of Venezuela’s, went last year to China, which remained one of the only purchasers of goods from the two heavily sanctioned nations. The two countries combined represented some 17 percent of China’s overall oil purchases — a meaningful share for the world’s largest importer of crude oil.
The Chinese Foreign Ministry on Saturday said it was “highly concerned” by the attacks on Iran and called for an end to the war. The squeeze on China’s energy supply also comes just weeks before Trump is slated to hold a summit with Chinese leader Xi Jinping.
…Iran has a single use beyond supplying cut-rate oil to China’s economy, that is to provide a distraction to the U.S. Iranian operations effectively handed us defeats in two wars. Iranian explosive-formed penetrators killed hundreds of American soldiers and Marines. Iran’s sponsorship of Lebanese Hezbollah and the Houthis has created conflict and disrupted international trade. In case of a real war, a nuclear-armed Iran could create a massive distraction to any U.S. effort in the Indo-Pacific and put the Suez Canal as well as Gulf oil fields at risk.
We are in the early stage of a rollback of Chinese influence. From an oil perspective, Venezuela and Iran account for 17 percent of China’s oil imports. Not much you say. Making up that oil volume at below-market rates is difficult. Add to that the fact that the supply of Russian oil smuggled by “dark fleet” tankers is also coming to an end. President Trump and India’s Prime Minister Narendra Modi have agreed that India will stop buying bootleg Russian oil. In fact, only three weeks ago, India seized a tanker carrying Russian oil; Indian Coast Guard Seizes Three Sanctioned ‘Dark Fleet’ Tankers Carrying Illegal Iranian Oil…to India – RedState. This has caused a significant disruption in the supply of Russian oil to China.
Please follow the link above to read the entire article. The implications of the fall of the current government of Iran are wide-ranging.