Thursday, August 17th | 25 Av 5777

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
May 23, 2012 2:34 pm

U.S., European Sanctions Have Cost Syria $4 Billion

avatar by News Editor

Email a copy of "U.S., European Sanctions Have Cost Syria $4 Billion" to a friend

Syrian President Bashar al-Assad. Photo: wiki commons.

CBS/AP – Syria’s oil minister acknowledged the heavy toll international sanctions have taken on the country’s oil sector, saying Wednesday that they had sucked about $4 billion from the economy.

Sufian Allaw said the sanctions levied by the United States and the European Union to put pressure on President Bashar Assad were to blame for the shortages that have left Syrians across the country standing in long lines to pay inflated prices for cooking gas and other products.

Read full story.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com