US weighs measures in response to Iran fuel shipment to Venezuela -source

In this file photo shows pump jacks operating near Loco Hills on April 23, 2020 in Eddy County, New Mexico. (AFP)
Short Url
Updated 14 May 2020
Follow

US weighs measures in response to Iran fuel shipment to Venezuela -source

  • The US has a “high degree of certainty” that Venezuelan government is paying Iran tons of gold for the fuel

WASHINGTON: The United States is considering measures it could take in response to Iran’s shipment of fuel to crisis-stricken Venezuela, a senior official in President Donald Trump’s administration told Reuters on Thursday.
The United States has a “high degree of certainty” that Venezuelan President Nicolas Maduro’s government is paying Iran tons of gold for the fuel, the official said, speaking on condition of anonymity.
“It is not only unwelcome by the United States but it’s unwelcome by the region, and we’re looking at measures that can be taken,” the official said.
The oil sectors of Iran and Venezuela — members of OPEC that both are deeply at odds with the United States — are under tough US sanctions. The official declined to specify the measures being weighed but said options would be presented to Trump, a fierce critic of the governments of both Iran and Venezuela.
At least one tanker carrying fuel loaded at an Iranian port has set sail for Venezuela, according to vessel tracking data from Refinitiv Eikon on Wednesday, which could help ease an acute scarcity of gasoline in the South American country.
The Iran-flagged medium tanker Clavel earlier on Wednesday passed the Suez Canal after loading fuel at the end of March at Iran’s Bandar Abbas port, according to the data.
Venezuela is in desperate need of gasoline and other refined fuel products to keep the country functioning amid an economic collapse that has occurred under the socialist Maduro. It produces crude oil but its infrastructure has been crippled during the economic crisis.
Neither Venezuela’s oil ministry nor state oil company Petroleos de Venezuela (PDVSA) responded to requests for comment.
The shipment marks the latest sign of cooperation between the Iran and Venezuela. Starting last month, several flights from Tehran have brought materials to Venezuela to help it restart the catalytic cracking unit at its 310,000 barrel-per-day Cardon refinery, drawing US condemnation.
Venezuela’s 1.3 million-bpd refining network has all but collapsed due to under-investment and lack of maintenance.
Last year, the United States imposed sanctions on PDVSA as part of Trump administration efforts to oust Maduro, whose 2018 re-election was considered a sham by most Western countries.
The United States and dozens of other nations recognized opposition leader Juan Guaido as interim president last year. But Maduro, who calls Guaido a US puppet, remains in power, backed by Venezuela’s military as well as Russia, China, Cuba and Iran — a growing source of frustration for Trump, according to some US officials.
The United States also maintains punishing sanctions on Iran aimed at containing its regional power in the Middle East, measures that were re-imposed after Trump pulled out of an international nuclear deal with Tehran.
Four other vessels of the same size as the Clavel, all flagged by Iran and loaded with fuel at or near Bandar Abbas, are about to cross the Atlantic Ocean after passing Suez. They have not yet set their final destinations, data showed.
One of them, the Fortune, appears on a list of tankers scheduled to enter Venezuelan port, according to a person with knowledge of the matter. Opposition politicians also said they had received information that all five tankers were heading to Venezuela.
All five are bringing gasoline, according to Samir Madani, co-founder of TankerTrackers.com, a service that tracks oil shipments and storage. Madani said the vessels loaded at Berths 1 and 2 at the Shahid Rajaee port at Bandar Abbas, according to the service’s satellite imagery.
Secretary of State Mike Pompeo last month called on countries to deny overflight rights to Mahan Air, an Iranian airline under US sanctions, which he said delivered cargoes of “unknown support” to the Venezuelan government.


Moderate candidate wins emphatically over a populist in Portugal’s presidential runoff

Updated 5 sec ago
Follow

Moderate candidate wins emphatically over a populist in Portugal’s presidential runoff

LISBON: Center-left Socialist candidate António José Seguro recorded a thumping victory over hard-right populist André Ventura in Portugal’s runoff presidential election Sunday, according to official results with 99 percent of votes counted.
Seguro won a five-year term in Lisbon’s riverside “pink palace” with 66.7 percent of votes, compared with 33.3 percent for Ventura.
The ballot was an opportunity to test the depth of support for Ventura’s brash style, which has struck a chord with voters and helped make his Chega (Enough) party the second-biggest in the Portuguese parliament, as well as gauge the public appetite for Europe’s increasing shift to the right in recent years.
European Commission President Ursula von der Leyen congratulated Seguro and said on social media that “Portugal’s voice for our shared European values remains strong.”
Seguro, a longstanding Socialist politician, positioned himself as a moderate candidate who will cooperate with Portugal’s center-right minority government, repudiating Ventura’s anti-establishment and anti-immigrant tirades.
He won the backing of other mainstream politicians on the left and right who want to halt the rising populist tide.
In Portugal, the president is largely a figurehead with no executive power. Traditionally, the head of state stands above the political fray, mediating disputes and defusing tensions.
However, the president is an influential voice and possesses some powerful tools, being able to veto legislation from parliament, although the veto can be overturned. The head of state also possesses what in Portuguese political jargon is called an “atomic bomb,” the power to dissolve parliament and call early elections.
In May, Portugal held its third general election in three years in the country’s worst bout of political instability for decades, and steadying the ship is a key challenge for the next president.
Ventura, an eloquent and theatrical politician, rejected political accommodation in favor of a more combative stance.
Ventura said he will keep working to bring about a political “transformation” in Portugal.
“I tried to show there’s a different way … that we needed a different kind of president,” he told reporters.
Making it through to the runoff was already a milestone for Ventura and his party, which have recalibrated Portuguese politics.
One of Ventura’s main targets has been what he calls excessive immigration, as foreign workers have become more conspicuous in Portugal in recent years.
“Portugal is ours,” he said.
During the campaign, Ventura put up billboards across the country saying, “This isn’t Bangladesh” and “Immigrants shouldn’t be allowed to live on welfare.”
Although he founded his party less than seven years ago, its surge in public support made it the second-largest party in Portugal’s parliament in the May 18 general election.
Seguro will next month replace center-right President Marcelo Rebelo de Sousa, who has served the constitutional limit of two five-year terms.