May 21, 2024


Built Business Tough

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

Isolated in the midst of a world pandemic, Iran is making use of its sanctioned oil and power skills to garner favor and fiscal obtain from two other nations shunned by the U.S.: Syria and Venezuela.

Iran is providing some of its unsold oil to Syria in exchange for better diplomatic affect in the region and bartering its crude-refining technology for gold with Venezuela, in accordance to persons near to the three governments.