fbpx
Thursday, July 9th, 2020
Home » Trade » Iran says it is ready to continue fuel shipments to Venezuela

Iran says it is ready to continue fuel shipments to Venezuela

An Iranian flag flutters from the Adrian Darya-1 oil tanker, formerly known as the Grace 1, off the coast of Gibraltar, Aug. 18, 2019. Photo by JOHNNY BUGEJA/AFP via Getty Images.

REUTERS, JUNE 1, 2020

DUBAI – Iran will continue fuel shipments to Venezuela if Caracas requests more supplies, the Iranian Foreign Ministry spokesman said on Monday, despite Washington’s criticism of the trade between the two nations, which are both under U.S. sanctions.

“Iran practises its free trade rights with Venezuela and we are ready to send more ships if Caracas demands more supplies from Iran,” Abbas Mousavi told a weekly news conference broadcast live on state TV.

Defying U.S. threats, Iran has sent a flotilla of five tankers of fuel to the South American oil-producing nation, which is suffering from a gasoline shortage.

Seeking to deter further shipments of Iranian fuel to Venezuela, Washington is monitoring the supply. It has warned governments, seaports, shippers and insurers that they could face measures if they aid the tankers.

According to Refinitiv Eikon on Sunday, two Iranian tankers that delivered fuel to Venezuela as part of the flotilla have begun to sail back, as the government in Caracas prepares stations to begin charging for the gasoline.

Tensions have spiked between longtime foes Tehran and Washington since 2018, when President Donald Trump exited Iran’s 2015 nuclear deal with six major powers and reimposed sanctions on the country that has battered its economy.

Writing by Parisa Hafezi; Editing by Edmund Blaira and Jan Harvey

Other articles you may find interesting

Copyright © 2020 PortandTerminal.com. All rights reserved. This material may not be published, broadcast, written or redistributed.

Check Also

Donald Trump and Vladimir Putin. Flags.

Most Americans believe Russia targeted U.S. soldiers, want sanctions in response – Reuters/Ipsos poll

REUTERS, JULY 8, 2020 60% of Americans say that they found reports of Russian bounties …

Canadian Leader Decides to Skip Washington Summit on New NAFTA Trade Deal

BLOOMBERG, JULY 6, 2020 Canadian PM to skip Washington meeting and remain in Ottawa | …