No Script

Please Wait...

Ashura 2020

 

Sixth Iranian Ship en Route to Venezuela

Sixth Iranian Ship en Route to Venezuela
folder_openAmericas... access_time3 months ago
starAdd to favorites

By Staff, Agencies

A sixth Iranian cargo ship is expected to dock in Venezuela soon, an arrival that comes shortly after Tehran sent five tankers loaded with gasoline to relieve its fuel-starved South American ally, a report said.

The Golsan's journey comes in defiance of stiff financial sanctions by the US President Donald Trump’s administration against Tehran and Caracas.

Russ Dallen, head of the Miami-based investment firm Caracas Capital Markets, said he believes "that it is carrying parts to continue repairing Venezuela’s collapsed refineries.”

The Golsan approached Caribbean waters Friday following a high-seas journey from Iran. It could reach a Venezuelan port by Sunday or Monday, said Dallen, based on tracking technology, AP reported.

Venezuela holds the world's largest oil reserves.

However, the United States seeks to oust Venezuelan President Nicolas Maduro by imposing brutal sanctions and backing his political rival Juan Guaido.

Maduro blames many of his country’s problems on US sanctions and other measures to undermine his rule. He says the US wants to install a puppet government so it can exploit Venezuela's vast resources.

According to US former National Security Adviser John Bolton’s book set to be published on Tuesday, Trump had insisted on military options against the South American nation, because “it’s really part of the United States.”

Maduro, however, remains in power, and deep gasoline shortages that recently hit the capital of Caracas have eased since the Iranian tankers delivered fuel.

With Iran's recent technical help, Venezuela has managed to get the Paraguana Refinery Complex, one of the largest in the world, partially working and producing gasoline, Dallen said.

Comments