October 4, 2011

Europe's Praiseworthy Syrian Oil Embargo

Raymond Learsy, Huffington Post


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While the Syrian government was shamelessly slaughtering its own citizens it has needed to divert attention toward replenishing its dwindling coffers these past weeks, in order to find other foreign buyers for its oil. Europe's effective oil embargo of Syrian oil has severely curtailed its oil exports and consequent essential revenue flows ("Europe's Oil Embargo Leaves Syria Urgently Seeking New Customers" New York Times 09.27.11. . .)

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TAGGED: oil, Syria, European Union, global oil market, Saudi Arabia, Huffington Post

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