Public sentiment is largely negative regarding the effectiveness of US sanctions on Iran's oil industry, with many commenters expressing support for Iran's resilience and skepticism about the sanctions' impact. The opinions suggest that these measures may be backfiring, pushing Iran closer to countries like China and Russia, and contributing to geopolitical instability. Criticism of U.S. leadership, especially under Trump, is prevalent, fueling concerns that the sanctions are counterproductive.

United States

Iran

China

Russia

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Apparently, president Trump doesn't seem to understand that sanctions only work if you can convince other countries to follow. Right now, it's safe to assume that Europe doesn't have any willingness to join the USA in their trade wars especially after the fact that the USA has abandoned them and thrown them to the Russian bear. Why would they follow with this?

[deleted]

That's a threat that would be a whole lot scarier if he hadn't just threatened most of the world with insane tarrifs if they didn't give him better trade deals only to immediately back down. How do you take a threat like this seriously after that?

subpargalois

Moral high ground aside

- A. This will be toothless
- B. It’s a terrible concept and divides the world
- C. Maybe this would’ve been effective if tariffs weren’t happening at the same time

the-good-wolf

trump cant make up his mind....everyone knows he doesnt want a deal with Iran.....because trumps handlers wont allow it.

now hes looking for ways to avoid a deal.....

amazing deal maker.....NOT

The “If you play with that kid, I’m nit gonna play with you” only really works among todlers. Maybe it als works among teenage girls, but adults will just shrug. 

Diplomacy on the international level is something completely different.

frogking

Probably a pretty logical argument to make years ago. Now - we are Israel's biggest financial supporter. Is there a bigger terrorist group than Israel over the last year besides maybe Russia? Certainly they are worse than Iran as far as killing innocent people. This is no means anywhere close to a defense of Iran. They are awful. But we simply don't have the moral high ground anymore.

JuliusErrrrrring

Problem the US oil and gas industry now is: no one wants to buy it. Refineries locally are closing left and right..Valero, Philip 66 right here in CA..

SimpleMindHatter

Similar to placing tariffs on China. Not a terrible idea at face value but it’s too extreme and implemented the worst way possible, at a comically insulting level. If Iran is actually funding the Houthi who are terrorizing shipping in the Red Sea and we have solid proof then countries other than the US should back this sanction. We just lost a fighter jet because of them and the US is helping many countries with their shipping in this area. Iran is also trying to build up a nuclear arsenal (another Trump fuck up) and they are one of the main countries encouraging the ongoing war between Israel and Palestine. Who woulda guessed that a broken clock can be right every once in a while.

Extra_Espresso

Clearly the little lunatic princess trump and only has a child’s understanding of economic’s much less governance in general. While most children could outsmart trump given his childish behaviour. The little lunatic princess that trump is with a massive ego. I mean the Village Idiot from Monty Python’s the Village Idiot has a higher IQ than the little lunatic princess Trump’s entire cabinet.

NormCormier-Mccoll81

Who thought this guy was going to be good for the economy? I'm not some genius but it is incredibly baffling how people get sucked in by his total bullshit car salesman act.

oregondude79

So effective immediately according to Trump, we are stopping all trade with China, South Korea, Japan and India.  Trump is a complete mess. He has zero clue on foreign policy and doesn't know what the heck he is doing.

Objective_Problem_90

Trump posting on Truth Social should not be taken as law.  At least have him sign an EO.  Trump may have no boundaries but that does not mean we as loyal Americans have to follow suit.

21plankton

Im not even going to bother with Trump anymore. And the rest of the world wont either, we simply dont care. But what does concern us for everyday that passes now is the lack of impeachment by Supreme court, house of representatives and the Senate.

In any other functional state youd have Trump removed days ago. A new re-election would already had been announced.

Even Brasil prosecuted Bolsonaro.

Só please, America and americans, we view this as a crisis of the US. We dont care about Trump, but yall have got to prove you are not as dumb yourselves like this mofo.

natasevres

So - Reuters April 30th 2025 - [Saudi Arabia signals it can live with lower oil prices, sources say](https://www.reuters.com/business/energy/saudi-arabia-signals-it-can-live-with-lower-oil-prices-sources-say-2025-04-30/)

"*Saudi Arabian officials are briefing allies and industry experts to say the kingdom is* ***unwilling to prop up the oil market with further supply cuts*** *and can handle a prolonged period of low prices, five sources with knowledge of the talks said.*

*This possible shift in Saudi policy could suggest a move toward producing more and expanding its market share, a major change after five years spent balancing the market through deep output as a leader of the OPEC+ group of oil producers.*"

Don probably wants to take some supply offline to help US shale producers and maybe even the Russians.

SaurusSawUs

If participation isn't truly universal, due to barriers like voter suppression, misinformation, apathy from disillusionment, or systemic inequalities, then calling a system a "democracy" or a "republic" can feel like a hollow label.

_CatsPaw

Jainuc

The-IT_MD

jiggsmac

I don’t expect that will happening, but as long as Iran and Israel keep on duking it out crude oil will keep going up.

Baby-bull-1972

⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️

Billsbyabillion11

It's going to go up but it depends, Iran can go Leroy Jenkins and start bombing all oil infrastructure in the Middle East

Horror-Layer-8178

an idiot as president, causing no end of problems around the world and the main comment is  "ohhh waaaa , what will happen to the price of gas" , america you will get every thing you deserve.

Fluid-Piccolo-6911

Sky high, which will make inflation surge again.

tikifire1

Isn't there an emergency fuel reserve they like to open during times of ridiculous pricing?

Paste_Eating_Helmet

WisePotatoChip

I’m more concerned about human death toll but I guess it’ll go up

toxiccortex

Whatever the Saudis decide to do to the price of our gas. That’s what always happens.

xzRe56

If Trump was the President this war with Iran never would have happened.

bigbugzman

Street_Ad_863

Didn’t you hear? Gas is perpetually $1.98 now that Trump is in office.

B0wmanHall

nothing , we dont but gas from iran. sanctions.

Own_Recognition_2994

Gas prices will go up as well as inflation....then the ora ge moron will some how pull out his hat that it's all Bidens fault.

ODST433

CoolFirefighter930

It goes down to fifty cents a gallon and you get ten bucks every time you purchase a dozen free eggs.

Local-Friendship8166

Nice try but It's already baked in. Turns out there is enough supply gut this summer to to absorb the hit. Also iran contribution is less than 2%

Far-Butterscotch-436

OPEC will step in and the US could claim a national emergency to increase domestic oil production.

ExcellentWinner7542

If the strait of Hormuz was to shut down, the world spot market would go bonkers.

mt8675309

OPEC is flooding the oil market, which is causing oil prices to drop. This is ironic, bc rest of OPEC didn't really want to do this. But Saudi Arabia decided to do it anyways.. i think after Trump's middleeast visit. It's almost like trump told OPEC to mess with US oil, bc now US oil companies are tirning off pumps and furloughing workers bc oil prices are too low for them to justify pumping. As war ramps up, oil use goes up, so that may counter the OPEC flood. We see companies like RIG (transocean) and TRMD (Torm Plc) stocks going up, bc they deal with drilling and shipping. These were stocks struggling, and they saw a jump. So, yeah, war and oil go hand in hand. US military stocks are on the rise. Meanwhile Archer and Red cat drone tanked..folks are interested in investinf in good old standard war machines, like tanks,,helicopters, etc...drones and evtols are too R&amp;D for them...eveb though we're seeing drones used to good effect. There's a LOT of drone companies, though. I predict it'll eventually be like every other market abd 2-3 top manyfaturers will distill out.

isinkthereforeiswam

To the moon, and the far-right will blame Biden

Carochio

Trump will tarrif the crude we import and as you already know, this will lower prices.

TrashCapable

Nothing unless OPEC feels like playing around.

Traditional-Purpose2

Would be a lot less disruptive than 10 years ago.

The U.S. only imports oil so it can refine and export more than it pulls. If Iran goes offline it would probably benefit Russia the most as both the ships and nations relying on Iranian oil turn to the next sanctioned country trying to find buyers.

What price increase there is would probably encourage oil producers in the U.S. to spin up a heap of new Shale Oil wells in 6 months and the restrictions would likely be on refinement capacity unless they ship it overseas in crude form.

The Straight of Hormuz getting disrupted would be the big blow if it disrupts Qatar, UAE and Saudi oil/gas as well (Even though Saudi Arabia have other ports in the Red Sea).

KUBrim

It will go up regardless of who is involved.  Just the threat of an attack is enough to jack up prices with no sign of impact on the oil industry. 


Same thing with hurricane threats.

zerthwind

You fools! Nothing will happen. We drilled baby drilled!

DontcallmeEddy

notta39

Realistically, probably not much as Iran largely sends its petroleum to China and India. It will take some time for the markets to adapt to the loss of Iranian Oil but it's unlikely we will strike that infrastructure as such any military engagement is unlikely to cause a major decline in oil output.

Furthermore with China facing over capacity in its automotive sector they will likely ban the production of new gasoline powered vehicles and make owning an existing gasoline powered vehicle more expensive thus shifting demand rapidly lower. China could potential kill 3 million barrels per day of global Oil demand by end of next year.

And with Oil priced becoming volatile it's like any restrictions on Chinese EVs will diminish as countries seek to reduce their own petroleum demand.

This isn't the 1980s where countries don't have a choice they do. You fuck around with war in the middle east in an attempt to boost Oil prices and you'll get a long term demand shif that will destroy any short term value you've gained in very quick procession.

haveilostmymindor

Trump already lowered gas to $1.98 a gallon. I'm sure he'll just do it all again. GO USA! GO TRUMP! 

Holy fucking shit that hurt. Is this what MAGA feels like? I DO NOT LIKE IT. GET IT OFF ME!!!

\#fucktrump

Superb_Power5830

Well, seeing as how the Mango Moussilini insists gas is @1.98 a gallon almost everywhere, that means it will probably only raise to the current rate THAT IT ALREADY FUCKING IS!!! YOU ORANGE IDIOT!!!!!!!

Weary_Speed_7969

Phreberty

Well, the US just attacked Iran. Gas and oil price should skyrocket.

shaferman

They hold strong!….then begin to decelerate once we drill, 10 years…future generations thrive. Sooner or later “they will come”, it is time for the next “Greatest Generation” to step forward, so a future generation can solve future issues. 🇺🇸👍🏼

FrequentSituation832

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Original author:
violentviolinz

Original title: 
😂 Trump randomly says China can buy oil from Iran, TACO off recent 'secondary' sanctions threat on buyers of Iranian oil or petrochemical products

Original link submission:
https://www.bloomberg.com/news/articles/2025-06-24/trump-eases-pressure-on-iran-by-saying-china-can-buy-its-oil

Original text submission:
&gt;President Donald Trump said China can continue to purchase oil from Iran, abruptly easing the “maximum pressure” the US had been applying to the Middle Eastern country’s economic lifeblood  
  
It’s a major reversal for a president who as recently as last month was insisting that all purchases of Iranian oil or petrochemical products “[must stop, NOW!](https://www.bloomberg.com/news/terminal/SVLHMMY34OHT)”. Buyers would be subject to secondary sanctions and prevented from engaging in any business with the US, he said


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China doesn't need your permission. This nutjob lives in his own imaginary world.

realDonaldTrump: "China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also. It was my Great Honor to make this happen!"

"IRAN WILL NEVER REBUILD THEIR NUCLEAR FACILITIES!"

"Now that we have made PEACE abroad, we must finish the job here at home by passing “THE GREAT, BIG, BEAUTIFUL BILL,” and getting the Bill to my desk, ASAP."

"Both Israel and Iran wanted to stop the War, equally! It was my great honor to Destroy All Nuclear facilities &amp; capability, and then, STOP THE WAR!"

xerotul

So basically... nothing changes. China still will get its oil. and the rest of the world can suffer for US mistakes.

CynicalGodoftheEra

The_Dynasty_Warrior

MalevolentGoodman

lol, the dimwitted bully already batshit hysterically regretting what he started, the blow back just starting, donald

https://www.cbc.ca/news/world/us-israel-iran-nuclear-sites-1.7568265

starting with oversea bases, moving toward the homeland, an eye for eye, a tooth for tooth, as the good book puts it

zhumao



Classic Trump. Taking credit for things he has absolutely no control over.

Tomorrow he'll take credit for the sun rising.

CenkIsABuffalo

Given so many obvious signs of dementia and mental problems, it's a curious wonder that Americans have elected this man (twice) and have not impeached him and removed him from office.

academic_partypooper

Thanks I guess...? (We have been just buying Iranian oil like... Forever?)

SussyCloud

I don't think the Saudis are crying over the bombings

MasterRKitty

Opec doesn't mind alot more money if Hormuz closes.

Standard-Square-7699

OPEC is governed mostly by Arabs. Arabs are on our side against Iran

Conscious-Function-2

Nothing, we don't need their oil and by the way most of those countries are glad we did that even though they won't say that.

browneod

Last time this happened a bunch of economic terrorists lied to the public and said our economic modality, the post war keynesian consensus, was to blame for the downturn


They then reimported gilded age pre depression economics into our country and it blows ass now

12bEngie

I don’t think they want to push people to renewables any faster than people are already moving.

Particular-Star-504

Considering 14.9% of US oil imports came from OPEC countries(according to a quick Google search) I’m wondering if it might actually cause oil prices to go down. If they embargo us and don’t cut production the global supply will increase by 1.3 million barrels daily(from the same Google search previously mentioned). We might face some shortages and higher prices initially as we increase our own production and imports from non-OPEC countries like Canada but they’re just shooting themselves in the foot in the long term.

comedyqwertyuiop9

well back in the 70's when this happened the price of oil quadrupled. I think prices will spike and we may even see a small shortage.

shrekerecker97

* Archives of this link: 1. [archive.org Wayback Machine](https://web.archive.org/web/99991231235959/https://www.cnbc.com/amp/2025/03/06/us-will-collapse-irans-economy-by-shutting-down-its-oil-industry-treasury-secretary-says.html); 2. [archive.today](https://archive.today/newest/https://www.cnbc.com/amp/2025/03/06/us-will-collapse-irans-economy-by-shutting-down-its-oil-industry-treasury-secretary-says.html)

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I remember hearing a few months back that if you ask anyone involved in foreign policy in the government whether or not increasing sanctions will eventually spiral out of control, the consensus seems to be "yeah, but at this point it's our only effective economic weapon".

cursedsoldiers

&gt;“Making Iran broke again will mark the beginning of our updated sanctions policy,” the Treasury secretary, a former global investment manager, said. “If I were an Iranian, I would get all my money out of the rial now,” he said, referring to Iran’s currency.

Brighter-than-the-Sun proof that Trump’s “anti-imperialism” isn’t motivated by any moral principle, but simply by a desire to cut back on ventures deemed unprofitable to the ownership class and concentrate effort on those that are profitable. Hence the harebrained Middle Eastern Riviera plan for Gaza ($$$ for Kushner and his Saudi friends), and the step-up of Iranian sanctions (which would increase both prices and market share for US oil exporters at the expense of ordinary people).

globeglobeglobe

Know what's great for American safety and security? A bunch of destitute young Iranian men who blame America for their troubles.

Confident_Lettuce257

Acts of war, constantly, released as every day news.

pexx421

So they really want to offer Iran to China without any conflict.

fifthflag

&gt;by shutting down its oil industry

Do these clowns know how fragile the Sauid oil industry?

Do they not grasp that any retaliation will obliterate the global economy?

Shillbot_9001

johnny_5ive

The United States has intensified its sanctions against Iran, particularly targeting its oil industry and related entities.

US Sanctions on Iran's Oil Industry

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