Iranian fuel tankers approach Venezuelan waters, despite US warning

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CARACAS/DUBAI – The first of five carrying fuel for gasoline-starved Venezuela approached the South American country’s on Saturday (May 23) afternoon, despite a US official’s warning that Washington was considering a response to the shipment.

As of 4.51pm local time (4.51am on Sunday, Singapore time), the tanker – named Fortune – was passing north of the neighbouring dual-island Caribbean nation of Trinidad and Tobago, Refinitiv Eikon data showed.

state television reported that the vessel would arrive in the country’s waters at 7pm local time (7am on Sunday, Singapore time), and showed images of a navy ship and aircraft preparing to meet it.

The nation’s defence minister had pledged that the military would escort the tankers once they reached Venezuela’s exclusive economic zone (EEZ) due to what authorities described as threats from the United States.

“We welcome the boats from the Islamic Republic of Iran, which will soon arrive at our fatherland’s ports,” Tareck El Aissami, Venezuela’s economic vice-president and recently named oil minister, wrote on Twitter.

The tanker flotilla is carrying a total of 1.53 million barrels of gasoline and alkylate to Venezuela, according to both governments, sources and calculations by TankerTrackers.com.

The shipments, desperately needed as gasoline is increasingly scarce in Venezuela, have caused a diplomatic standoff between the United States and Iran and Venezuela as both countries are under US sanctions.

US ‘CONSIDERING MEASURES’

Washington is considering measures in response, according to a senior US official, who did not elaborate on any options.

The United States recently beefed up its naval presence in the Caribbean for what it said was an expanded antidrug operation. But a Pentagon spokesman, Jonathan Hoffman, said on Thursday he was not aware of any operations related to the Iranian cargoes.

Earlier on Saturday, Iranian President Hassan Rouhani warned of retaliatory measures against the United States if Washington caused problems for tankers carrying Iranian fuel to Venezuela, the semi-official news agency Mehr reported.

“If our tankers in the Caribbean or anywhere in the world face trouble caused by the Americans, they (the US) will also be in trouble,” Rouhani said in a telephone conversation with Qatar’s Emir, Mehr reported.

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