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Tags: Syria | Trump Administration | US | Sanctions | Syria | oil

US Imposes New Round of Sanctions on Syria

sanctions tape run across a syria signpost
(Dreamstime)

By    |   Monday, 09 November 2020 06:47 PM

The Trump administration has placed a new round of sanctions on Syria that will negatively affect its oil industry, according to The Hill.

According to a statement from the Treasury Department, senior officials in Syria, along with companies based in Syria and Lebanon, will be blanketed with sanctions from the United States as punishment for conducting business with the petroleum industry in Damascus.

The sanctioned officials would include General Ghassan Jaoudat Ismail, head of Syria's Air Force Intelligence, and Amer Taysir Khiti, a Syrian representative in the Parliamentary Assembly of the Mediterranean.

"Today’s action complements the international effort to compel the Assad regime to cease the war it is waging against its own people and reinforces the U.S. government’s continued effort to achieve a peaceful, political resolution of the Syrian conflict in line with UN Security Council Resolution 2254," the Treasury Department said.

"With these actions, the U.S. government is endeavoring to disrupt and dissuade regime loyalists from continuing to support Assad and to hamper the flow of future oil-derived revenue to Assad’s war chest," the Treasury Department said.

The oil industry in Syria is controlled by President Bashar Assad, who the United States has demanded to resign. In 2011, Syria endured a bloody civil war that destroyed much of its oil fields.

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The Trump administration has placed a new round of sanctions on Syria that will negatively affect its oil industry, according to The Hill.According to a statement from the Treasury Department, ...
US, Sanctions, Syria, oil
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2020-47-09
Monday, 09 November 2020 06:47 PM
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