Industrialized Cyclist Notepad

Iran offers to front Pakistan 80,000 bpd

First one’s free. Yeah.. If you like it, you know where to find me. Tell your friends.

“It is only an initial offer of 80,000 barrels on deferred payment at the moment,” Irfan Qazi, a spokesman for Pakistan’s Ministry of Petroleum and Natural Resources, told Reuters.

via Iran offers Pakistan 80,000 bpd of oil – official | Reuters.

China benefits from U.S. sanctions
January 13, 2012, 18:50
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Looking increasingly limp, U.S. tries to escalate by imposing sanctions on Chinese companies trading petroleum products with Iran. China laughs.