Venezuelan President Hugo Chavez defended an oil sale to Syria by saying his is a free country that can trade with whichever country it wishes. A Venezuelan ship carrying oil arrived in Syria last week, one day before the U.N. General Assembly passed a resolution censuring Damascus for its crackdown on dissidents. The shipment was confirmed for The New York Times by Commodity Flow, a company using satellite data to track shipping traffic. Chavez defended the shipment by saying nobody\'s questioned sales to the United States, one of his country\'s greatest adversaries. Venezuela is among the largest exporters of oil to the United States. \"We are a free country,\" he was quoted as saying. The Times states the shipment runs in opposition to efforts to isolate Syria, though U.S. State Department officials said sanctions on Damascus don\'t prohibit oil shipments to Syria. Venezuela has some of the largest oil reserves in the world and the newspaper reported that Chavez is able to make political gains by using petroleum revenue to finance social programs. Chavez, who has been diagnosed with cancer, is up for re-election this year.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor