President Donald Trump's offensive against Iran is delivering a massive economic hit to the Chinese Communist Party. Over the past two months, the administration has toppled leaders in Iran and Venezuela, both key oil suppliers to Beijing. This move could force Beijing to scramble for pricier alternatives. -- 📺 Watch NTD News 24/7 on cable, broadcast, and streaming: https://www.ntd.com/watch
Yes, and Israeli strikes on Iran may be striking at the heart of the Chinese Communist Party's power.
It's a move that's choking off Beijing's vital oil lifeline.
NTV's Washington correspondent Jack Bradley has the details.
President Trump's latest offensive against Iran is delivering a massive
economic hit to America's top adversary, the Chinese Communist Party.
President Trump is going after the Chinese, and he's not doing it directly,
but he is doing it indirectly, and he's cutting off their sources of support.
Over two months, the administration's toppled leaders in Iran and Venezuela,
both key oil suppliers to Beijing.
Now, this move could force Beijing to scramble for pricier alternatives.
Ninety percent of Iran's exported oil goes to China.
The bigger target is actually communist China,
which is increasingly in a box, is going to have to start buying its oil,
huge percentage of its oil, on the open market at full price.
Last year, a staggering 17 percent of China's crude oil imports came from these sanctioned regimes,
with Iran alone shipping 520 million barrels to the CCP.
As tensions escalate, ships are dodging the Strait of Hormuz,
a choke point for half of China's oil imports from the Gulf.
Such a move could even impact China's ambitions, like taking over Taiwan.
Forty percent of China's oil goes through the Strait of Hormuz.
That's why when the Iranians were saying they were going to shut it,
the Chinese were saying, no, no, we want it to be open.
So he now has massive leverage over China.
A move on Taiwan would be disastrous for Beijing.
Many experts warn that the CCP's support for Iran's terror regime is backfiring.
And I hope that President Trump remembers that the Chinese supplied advanced weapons to Iran.
And if those weapons were used to kill Americans, we've lost six service members already,
then I don't think President Trump should be going to China.
But with the upcoming meeting in April between President Trump and Chinese leader Xi Jinping,
this oil squeeze exposes the CCP's vulnerabilities.
The pressure on Beijing mounts, and many see it as whittling away the regime
that threatens freedom worldwide.
Reporting from Washington, D.C., Jack Bradley, NTD News.
