Venezuela’s President Nicolas Maduro. (AP)

June 2, 2020

Venezuelan President Nicolas Maduro on Monday said he would visit Iran shortly to sign cooperation agreements in energy and other sectors, after Iran sent five fuel tankers to the gasoline-starved South American country.

“I am obliged to go to personally thank the people,” Maduro said in a state television address, without providing a date for the visit.

Iranian Foreign Ministry spokesman Abbas Mousavi said earlier that Tehran will continue to export fuel to Venezuela if the country requests more supplies.

Both Iran and Venezuela are under U.S. sanctions and Washington has sought to deter such shipments.

“Iran practices its free trade rights with Venezuela and we are ready to send more ships if Caracas demands more supplies from Iran,” Mousavi told a weekly news conference on June 1 that was broadcast live on state television.

Venezuela, once South America’s top oil-producer, is suffering from a gasoline shortage amid a deep economic crisis.

The United States has warned governments, seaports, shippers, and insurers that they could face measures if they aid the tankers.

Four of the five tankers have entered Venezuelan waters so far. Refinitiv Eikon analytical company said on May 31 that the first two tankers have started their return journey.

Tensions have been on the rise between longtime foes Tehran and Washington since 2018, when President Donald Trump withdrew the United States from a landmark 2015 nuclear deal between Iran and world powers and reimposed crippling sanctions that have battered the Iranian economy.

Reuters/RFE-RL

About Track Persia

Track PersiaTrack Persia is a Platform run by dedicated analysts who spend much of their time researching the Middle East, in due process we fall upon many indications of growing expansionary ambitions on the part of Iran in the MENA region and the wider Islamic world. These ambitions commonly increase tensions and undermine stability.