Iranian tankers unloading much needed gasoline in Venezuela

Tuesday, May 26th 2020 - 07:45 UTC

Full article 6 comments

The first of five Iranian tankers carrying much-needed gasoline and oil derivatives docked in Venezuela on Monday, Caracas announced amid concern in Washington over the burgeoning relationship between countries it sees as international pariahs. Read full article

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tallison46
It won't last forever....
May 26th, 2020 - 09:04 am - Link - Report abuse 0
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Chicureo
tallison46

I agree. Just the cost of escorting a tanker to their port is horrendously negative cost-effective. The gringos are poking the Iranians and Marxists with a sharp stick while enjoying the stress its placing upon Maduro.

SHADENFRUEDE
May 26th, 2020 - 02:21 pm - Link - Report abuse +1
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Pugol-H
Even though oil is as cheap as it’s ever been, refined products are not, nor is shipping them half way round the world.

However much Venezuela needs this, they are not going to be able to pay much (hard cash) for it and Iran can’t afford to give it away for nothing, they have enough problems as it is funding wars all over the Middle East.

This works for the US, Venezuela having to buying Petrol as expensive as it gets, Iran having to sell it as cheap as it gets.

Too many more “expressions of the Venezuelan people's “self-determination and Tehran's friendship at a time of need”, could bankrupt both countries.
May 26th, 2020 - 06:16 pm - Link - Report abuse +2
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Chicureo
Pugol-H

Agree, except I would add the countries are already past the point of bankruptcy, but there's no one that can foreclose...

I have 3 Venezuleans working with me here at the farm, and they tell me that the Chavistas led by Maduro would prefer mass death and starvation before abandoning la revolution...

¡Qué lástima!
May 26th, 2020 - 09:16 pm - Link - Report abuse 0
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tallison46
Chicureo I suspect the Venezuleans that prefer that will get there wish....
May 27th, 2020 - 12:36 am - Link - Report abuse 0
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Pugol-H
Unfortunately for Venezuela, it does look like that is what is going to happen.
May 27th, 2020 - 12:45 pm - Link - Report abuse +1
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