Jonathan Schanzer
👤 SpeakerAppearances Over Time
Podcast Appearances
I mean, I think the answer is yes.
Right.
To both.
Right.
The regime was selling oil at a discount to to to the Chinese.
Right.
That something like 70 cents on the dollar is what they were selling their oil for because their oil was sanctioned and the Chinese were just thrilled to be able to buy it on the cheap.
And now what we're watching is not just that they're unable to buy that cheap oil.
They actually have to now buy oil that is more expensive because of what's going on right now with this war.
Interestingly, we've seen reports of a Chinese vessel getting hit, I think not deliberately, by the Islamic Republic.
That's going to create some interesting tensions there as well.
But they definitely want to use the regime now.
to draw the United States into a protracted conflict.
They'd like to see the U.S.
burn through more of these munitions.
They'd like to see us get bogged down.
I think the president's doing the right thing by focusing more on economic fury and not on epic fury if the goal here is to hurt the regime and not put ourselves at the disadvantage.
Well, join the club.
Look, I think the I think the president is certainly feeling some pressure from some within his own party.
I think that's part of it.