Iranian Fuel Tankers Reach Venezuela Despite U.S. Resistance

The first of five tankers carrying Iranian fuel for gasoline-starved Venezuela reached the country’s waters during the weekend, Reuters has reported, noting that the vessel Fortune entered Venezuela’s exclusive economic zone on Saturday. Venezuela is in the grips of a major gasoline shortage as refineries are unable to operate at run rates higher than 10 percent because of a shortage of diluents necessary for the production of fuels as well as an urgent need for repairs. Iran, a fellow target of U.S. sanctions, last month…