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Iran’s Gasoline Shipments To Venezuela Are A Historical Embarrassment

May 28, 2020

Via: Forbes

The delivery of five cargoes of gasoline from Iran to Venezuela is certainly a major act in the theater of the absurd (or perhaps macabre) that is the government of Venezuela. The two countries have formed an alliance partly based on the shared circumstances of being subject to U.S. sanctions, as well as the mutual antagonism between them and the U.S. But that the country with hundreds of billions of barrels of oil reserves must import a million barrels of gasoline demonstrates just how badly managed the country, and especially the national oil company, Petroleos de Venezuela, have been.

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