The Briefing Room

General Category => Economy/Business => Topic started by: Bigun on August 22, 2019, 05:17:41 pm

Title: PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says
Post by: Bigun on August 22, 2019, 05:17:41 pm

PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says

Aug. 21, 2019 1:55 PM ET

PetroChina (PTR +0.3%) pulls back from early gains after hedge fund manager Kyle Bass tweets "It's ludicrous that the SEC continues to allow a U.S. listing for PetroChina. They own the Pacific Bravo which is smuggling Iranian oil against U.S sanctions."

https://seekingalpha.com/news/3493837-petrochinas-role-iran-oil-smuggling-prompt-sec-removal-bass-says?fbclid=IwAR0cMnEB2ZUDzGm2r6rn25A4eQtG0ebTShC2wzc17odt1Es2yNffHMrJKtg

Title: Re: PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says
Post by: Bigun on August 22, 2019, 05:18:13 pm

I concur with Mr. Bass 100%.