Iranian fuel heads toward Venezuelan port, more tankers to come, data show GlobeBusiness
The Trump administration said earlier this month it was considering “measures” it could take in response to the shipments, without providing specifics.The gasoline is desperately needed in Venezuela as its refining network has been operating this year at about 10% of its 1.3 million-barrel-per-day capacity, forcing it to rely on imports amid U.S. sanctions that limit the sources and types of fuel it can receive.
PDVSA did not immediately reply to a request for comment on the exact content of the cargoes or further plans to receive supply from Iran. “Pretty soon most people will be wondering where it all went and why they couldn’t get any,” said the official, who spoke on the condition of anonymity.
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