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Author Topic: PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says  (Read 843 times)

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Offline Bigun

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PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says
« on: August 22, 2019, 01:17:41 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
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"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline Bigun

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Re: PetroChina's role in Iran oil smuggling should prompt SEC removal, Bass says
« Reply #1 on: August 22, 2019, 01:18:13 pm »
I concur with Mr. Bass 100%.
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"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien
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