Syria Casts Net Wide In Search Of Oil Deals

From Trade Arabia

The Syrian government is negotiating deals with firms in London, Singapore and the Middle East to sell crude oil in return for the fuel it needs to survive in the face of an increasingly bloody insurgency, documents seen by Reuters show.

Syria has been starved of diesel for its army and fuel to keep the economy running because US and European Union sanctions have cut off its usual suppliers. As sanctions bite, income from crude oil sales becomes increasingly important.

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