▲ 606 ▼ US seizes nearly 1 million barrels of Iranian oil allegedly bound for China (www.cnn.com) submitted 2 years ago by Rapidcreek@reddthat.com to c/world@lemmy.world 464 comments fedilink hide all child comments
[–] Cleverdawny@lemm.ee 9 points 2 years ago (2 children) Seizing over a hundred million of oil is a pretty big ouch to any business permalink fedilink source parent hideshow 4 child comments replies: [–] Rodeo@lemmy.ca 12 points 2 years ago (1 child) For business sure. But what about consequences for the people who made the decisions? permalink fedilink source parent hideshow 2 child comments replies: [–] jarfil@lemmy.world 0 points 2 years ago They get fired for losing the company 100 million? They get a bonus for implementing a better way of doing the same thing the next 50 times? Dunno, I'm not an oil smuggling expert. permalink fedilink source parent [–] NateNate60@lemmy.ml 2 points 2 years ago Not for the shipping company. It's not their oil. The Iranians can ask the shipping company for compensation, which they could easily refuse and there isn't much recourse that the Iranians would have. The Chinese could demand compensation but if the company again refuses or claims insolvency or whatever, it's easier for the Chinese to just stiff the Iranians with payment instead. permalink fedilink source parent
[–] Rodeo@lemmy.ca 12 points 2 years ago (1 child) For business sure. But what about consequences for the people who made the decisions? permalink fedilink source parent hideshow 2 child comments replies: [–] jarfil@lemmy.world 0 points 2 years ago They get fired for losing the company 100 million? They get a bonus for implementing a better way of doing the same thing the next 50 times? Dunno, I'm not an oil smuggling expert. permalink fedilink source parent
[–] jarfil@lemmy.world 0 points 2 years ago They get fired for losing the company 100 million? They get a bonus for implementing a better way of doing the same thing the next 50 times? Dunno, I'm not an oil smuggling expert. permalink fedilink source parent
[–] NateNate60@lemmy.ml 2 points 2 years ago Not for the shipping company. It's not their oil. The Iranians can ask the shipping company for compensation, which they could easily refuse and there isn't much recourse that the Iranians would have. The Chinese could demand compensation but if the company again refuses or claims insolvency or whatever, it's easier for the Chinese to just stiff the Iranians with payment instead. permalink fedilink source parent