He sure has made fools out of them. It looks like the Chinese never saw this coming...oh wait a minute China Has Spent Years Preparing for the Iran Oil Crisis The turmoil in the global energy market from war in the Middle East is exactly the sort of emergency scenario that China has long been preparing for. Worried that conflict in the region could wreak havoc on its economy by cutting off the supply of oil, Beijing has been spending lavishly to limit how much it needs to import, while building up large stockpiles and diversifying where it gets its energy from. The Iran war has brought many of those fears to fruition, serving as the biggest test yet of Chinaâs bid to fortify its economy against what it views as reckless behavior by the U.S. https://archive.ph/y5sHb#selection-857.8-875.126 https://www.wsj.com/world/china-has-spent-years-preparing-for-the-iran-oil-crisis-b0ff5577?utm_source=chatgpt.com I guess the Chinese will have to take meager consolation from the fact that: They've stored about 1.2 billion barrels of oil They actually have widely diversifed sources for oil and natural gas They have massively expanded their reliance on renewables. Consumption of gasoline and diesel in China has actually declined as electric vehicles are rapidly displacing sales of internal combustion engines It has actually increased its own domestic oil production I bet countries like Japan and South Korea are chuckling over Trump's sick burn. Despite the fact that they are far more dependent on the mideast for oil than is China. They probably think it's worth it to have such an entertaining ally even if it's conduct damages their economies.
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