Syria Exports First Crude Oil in 14 Years

Syria has just exported its first cargo of crude oil in 14 years after the U.S. Administration revoked in June the sanctions on the country that has been in a prolonged war over the past decade and a half.  Syria shipped on Monday 600,000 barrels of heavy crude oil from the port of Tartus under an agreement to sell the cargo to B Serve Energy, a company affiliated with global trading firm BB Energy, Riyad al-Joubasi, assistant director for oil and gas at Syria’s Energy Ministry, told Reuters. The 14 years of civil war and proxy wars…