ThinkProgress Logo

Security

NEWS FLASH

U.S., E.U. Oil Embargo Costs Syria $2 Billion In Revenue | The Syrian oil minister said yesterday that his government has lost $2 billion in revenue because of the European and American oil embargo recently put in place because of the Syrian regime’s violent crackdown on pro-democracy protesters. “We have suffered important losses as a result of our inability to export crude oil and petroleum products,” Sufian Allaw said at a news conference in Damascus.

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.

ThinkProgress Signup Overlay Skip and Continue to ThinkProgress Skip and Continue to ThinkProgress

Sign Up