Iran Leverages Oil to Court Other U.S. Rivals During Pandemic
Stabilizing energy prices by persuading Russia and Saudi Arabia to cease disruptions
May 9, 2020
Aramco’s profit falls sharply, underscoring the twin impact of an oil-price rout and the coronavirus on Saudi Arabia’s worsening finances
May 13, 2020
Isolated in the midst of a global pandemic, Iran is using its sanctioned oil and energy expertise to garner favor and financial gain from two other nations shunned by the U.S.: Syria and Venezuela.
Iran is delivering some of its unsold oil to Syria in exchange for greater diplomatic influence in the region and bartering its crude-refining technology for gold with Venezuela, according to people close to the three governments.
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