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Home In Brief

2nd tanker of Iranian fuel reaches Venezuelan waters

by  Reuters and ILH Staff
Published on  10-01-2020 09:05
Last modified: 10-01-2020 09:16
2nd tanker of Iranian fuel reaches Venezuelan watersReuters

An Iranian tankers carrying fuel in the South American country’s waters | Photo: Reuters

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The second of a flotilla of three Iranian oil vessels reached Venezuelan waters on Wednesday, aiming to circumvent US sanctions against Tehran and Caracas.

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Venezuelan President Nicolas Maduro has pledged to improve gasoline output and distribution in the fuel-starved nation.

The once-prosperous OPEC nation is struggling under a collapsing oil industry and US sanctions that have crippled imports and exports, resulting in snaking lines of drivers waiting for gasoline at state-run oil company Petroleos de Venezuela's stations.

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