Old 05-12-2019, 07:25 PM   #1
reynolds
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Default Iran Secretly Delivers 1 Million Barrels Of Oil To Syria

Sanctions Busting: Iran Secretly Delivers 1 Million Barrels of Oil to Syria


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May 13th, 2019

This latest news comes roughly one year after Washington unilaterally withdrew from the JCPOA Iran nuclear agreement, and only a week after the Trump administration tightened sanctions on Iran’s energy exports and metals. in an effort to push Iranian crude exports to zero. All this plus sabre rattling by Washington positioning its military assets in the Persian Gulf – in order to provoke a war.

At a moment the Persian Gulf is heating up given the highest tensions and exchange of threats in years between the US and Iran, Tehran is running the high risk gambit of restarting its crude transfers to Syria. A new CNBC report finds, “Tanker-tracking firms believe Iran is once again shipping crude oil to Syria, resuming the illicit trade as tensions with Washington rise and the Islamic Republic faces increasing international isolation.” Specifically a one million barrel delivery was reportedly made through the Syrian port of Baniyas in early May, the first since the end of 2018.

Washington has in recent months ramped up targeted sanctions against Syrian oil imports, causing the worse fuel crisis in Syria’s modern history, resulting in a “lifeless” and “decimated economy” with cars lined up for miles, sometimes waiting for days for a simple gas fill-up, as one Bloomberg on the ground report recently described.

Damascus even during some of the worst years of war was always a bustling traffic-packed economic center for its six million inhabitants, but as we noted previously the country has been plunged into a fuel crisis that is the result of new US-led oil sanctions targeting Damascus and Tehran. Given that Iran said Wednesday it now plans to stop compliance with key parts of the 2015 nuclear deal, citing that it’s running out of patience with European signatories of the JCPOA as its economy faces decimation by US sanctions, its close ally Syria will be a remaining key offload point for Iranian crude, along with Iran’s neighbor Iraq, as Tehran has also stated its intent to flout US sanctions.


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