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| Syria-Lebanon-Iran |
| Iran helping Syria ship oil to China |
| 2012-03-31 |
| Iran is helping its ally Syria defy Western sanctions by providing a vessel to ship Syrian oil to a state-run company in China, potentially giving the government of President Bashar al-Assad a financial boost worth an estimated $80 million. "The Syrians planned to sell the oil directly to the Chinese but they could not find a vessel," said an industry source who added that he had been asked to help [Syrian state oil firm] Sytrol execute the deal but did not take part. The source named the Chinese buyer as Zhuhai Zhenrong Corp, a state-run company hit by US sanctions in January. |
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