Iranian Oil Tanker Arrives In Venezuela, Activist Group Says

Reuters

An Iranian tanker carrying about 2 million barrels of ultra-light oil arrived this week in Venezuelan waters, non-government organization United Against Nuclear Iran said on Tuesday. Venezuela and Iran, both under United States sanctions, have recently expanded cooperation mainly through a swap that provides Venezuela's state-run oil company PDVSA with light oil for refining and diluents to produce exportable crude grades. PDVSA in return supplies Iran with Venezuelan heavy oil and fuel.