For subscribers
Iran, Venezuela found kinship in anti-American ideology, evading US sanctions
Sign up now: Get ST's newsletters delivered to your inbox
Iran shipped Venezuela 25 million barrels of oil and petrol products, totalling about US$2.5 billion, between 2021 and 2023.
PHOTO: REUTERS
Farnaz Fassihi
Follow topic:
TEHRAN - On Jan 3, Iran, a nation with few close friends and many mounting challenges, suddenly lost one of its closest allies in Latin America when the US attacked Venezuela and captured its President, Nicolas Maduro.
Iran and Venezuela, both oil-rich countries under US sanctions, had forged close political and economic ties over the past two decades, finding kinship in anti-American ideology and in helping each other evade those sanctions.
