Iran Leverages Oil to Court Other U.S. Rivals During Pandemic - News Summed Up

Iran Leverages Oil to Court Other U.S. Rivals During Pandemic


Isolated in the midst of a global pandemic, Iran is using its sanctioned oil and energy expertise to garner favor and financial gain from two other nations shunned by the U.S.: Syria and Venezuela. Iran is delivering some of its unsold oil to Syria in exchange for greater diplomatic influence in the region and bartering its crude-refining technology for gold with Venezuela, according to people close to the three governments.


Source: Wall Street Journal May 11, 2020 21:22 UTC



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