US Forces Blow Up Three Oil Tankers In Syria Enforcing Oil Embargo

OilPrice.com | 5/31/2019 | Staff
liizu (Posted by) Level 3
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US-led forces have blown up three oil tankers in Syria as the United States increases its pressure on Syria by thwarting the oil trade between the PKK/YPG and the Assad regime, according to local sources quoted by several media sources.

The strike was carried about by coalition planes, which hit three oil tankers, leaving four dead. The coalition has not yet made a statement about the attack. In the area controlled by Assad, oil consumption stands at around 136,000 bpd. Production, meanwhile, is only 24,000 barrels per day. This means that the regime must import significant volumes of crude oil at an estimated expense of more than $2 billion per year.

Attack - Weeks - EU - Sanctions - Assad

The attack comes a couple weeks after the EU extended its sanctions on the Assad regime for one year after the Syrian regime upped the ante in repressing the Syrian people, bringing the Syrian crisis to a boiling point.

Reports surfaced weeks ago that Iran had resumed oil shipments to Syria in the wake...
(Excerpt) Read more at: OilPrice.com
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