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Iran’s “largest tanker team in history” is sailing to Venezuela

by YCPress

Iran’s “Biggest Tanker Team in History” is heading for Venezuela

“Russia Today” (RT) quoted Bloomberg on the 7th. Sources said that about 10 Iranian tankers are sailing to Venezuela to solve the country’s oil crisis. RT stressed that both countries are currently facing U.S. sanctions against their oil trade.

According to the report, these Iranian tankers will also help load Venezuela’s oil for export after unloading oil.

The report also said that Iran’s oil destined for Venezuela in early October was almost exhausted, and Venezuela was facing a national energy shortage.

Sources also said that the two countries also discussed asking Iran to help renovate the Caldon refinery in Venezuela, the last oil refinery in Venezuela that can barely operate.

RT mentioned that both countries are currently facing U.S. sanctions against their oil trade. U.S. sanctions have pushed Iran and Venezuela closer.

According to previous media reports, in the past five months, Iran has sent ships to transport spare parts and experts to help Venezuela repair a poor refinery, and sent a ship full of food to help the Venezuelan people alleviate the crisis.

According to the analysis, the effect of the U.S. sanctions policy is not as good as expected.

In the sanctions, Iran has not only developed a “resistance to the economy” and reduced its dependence on imports, but also circumvented the sanctions field, developed exports of non-oil products, and created an income level that oil exports had not previously reached.