Posted on 09/02/2011 1:03:47 AM PDT by Eleutheria5
The European Union is expected to announce new sanctions against Syria on Friday, AFP reported.
The new sanctions will include a ban on Syrian oil imports and will see the expansion of the EU’s list of people targeted by an assets freeze and travel ban. Four new businessmen accused of bankrolling the regime of President Bashar Assad will be added to the list, diplomats told the French news agency on Thursday.
As well, three companies, including a bank, will see their assets in the EU frozen as punishment for the regime's deadly repression of protesters, the sources said on condition of anonymity.
The announcement of the oil embargo will coincide with a key meeting of EU foreign ministers in Poland, AFP said, noting the measure will deprive Assad’s regime of a vital source of cash, since the EU buys no less than 95 percent of Syria’s crude oil.....
(Excerpt) Read more at israelnationalnews.com ...
Thanks Eleutheria5. I’m sure this is unrelated to the simmering down of the LIbyan civil war. /s
Syria pumps about 155,000 bbls a day. I’ve seen cars that use that a day.
Gee, Blood Oil, Conflict Oil or a Lacey Act type solution?
...not enough to supply one good refinery.
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