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28.08.25 - 02:33
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First Syrian Crude Oil Shipped In Aftermath Of Assad′s Overthrow (ZeroHedge)
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First Syrian Crude Oil Shipped In Aftermath Of Assad's Overthrow
The West has moved fast on Syria in the wake of Assad's ouster - first lifting most sanctions and now ensuring oil and gas are tapped and get flowing again. The brutal sanctions served to punish the broader Syrian population for many years.
It underscores once again that the disastrous war was really about externally-driven regime change and installing a more malleable puppet government - which turned out to be essentially Al Qaeda in suits.
Bloomberg is reporting that the Switzerland-based Vitol Group, which is the largest independent oil trading company in the world, will soon receive and export Syria's first shipment of crude oil and transport it to a refinery in Italy.
The report indicates, "The shipment is due to load on Wednesday, the person said. The company declined to comment and Syria's energy ministry didn't respond to requests to do so."
The last several months have seen Pentagon reduce its occupa...
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30.03.25 - 14:51
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Sanctioned Syrian Population Desperately Trying To Access Oil & Gas (ZeroHedge)
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Sanctioned Syrian Population Desperately Trying To Access Oil & Gas
Syria's severe power shortages have continued throughout the country, also as many towns and cities remain largely destroyed following well over a decade of war. Rebuilding seems nowhere on the horizon as access to global investment and materials has been blocked by Washington.
The post-Assad Hayat Tahrir al-Sham government under Jolani (former AQ/ISIS commander) has just announced a tender to purchase around 7 million barrels of light crude oil, according to a fresh petroleum ministry statement.
Syria Issues Tender for 7M Barrels of Light Crude Oil: Syria TV
Here comes the Al qaeda oil
— zerohedge (@zerohedge) March 27, 2025
The purchase of 7 million barrels of light crude oil is to supply to the Baniyas refinery, Syrian media has specified.
Further, this week has seen limited efforts the ease the population's ongoing petrol woes. State-run SANA announced Tuesday, for example, that ship carrying 5,600 tons of gasoline ar...
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19.12.24 - 18:02
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Syria′s Baniyas oil refinery stops operating as Iran oil flow ceases, FT reports (Reuters EN)
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REFILE-Syria's Baniyas oil refinery stops operating as Iran oil flow ceases, FT reports Refiles to fix spelling of Security in media identifier Dec 19 (Reuters) - Syria's Baniyas oil refinery has halted operations after ceasing to receive crude oil from Iran that previously made up the vast majority of the country's input, the Financial Times reported on Thursday....
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16.12.24 - 15:18
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Assad uncle used Guernsey adviser to secretly manage vast wealth (The Guardian)
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Rifaat al-Assad, the 'Butcher of Hama', identified as client of consultant who received ban and fine this yearAn uncle of the recently ousted Syrian dictator Bashar al-Assad used an adviser in Guernsey to secretly manage his wealth, which included a vast European property empire worth hundreds of millions of euros that prosecutors claim was acquired with funds looted from the wartorn state.Rifaat al-Assad, known as the “Butcher of Hama” for overseeing the violent suppression of a rebellion in the 1980s, has been accused of war crimes by Swiss prosecutors. In 2020, he was convicted by a French court of embezzling Syrian state funds and pouring the money into luxury properties, with the French state seizing assets worth €90m.The Witanhurst estate in Highgate, north London – the second largest private residence in the capital after Buckingham Palace. Rifaat sold it for £32m to developers in 2007 after leaving it in disrepair.A £50m mansion in South Street, Mayfair. Owned through a shell company i...
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09.12.24 - 17:56
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How has the fall of Assad impacted Syria′s energy sector? (Reuters EN)
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FACTBOX-How has the fall of Assad impacted Syria's energy sector? LONDON, Dec 9 (Reuters) - A tanker carrying Iranian oil to Syria turned round in the Red Sea to head away from its original destination after the fall of Syrian President Bashar al-Assad. Syria's 13-year civil war crippled the country's energy sector, making it highly reliant on imports from Iran....
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