The fast-developing political scenario in Syria, where the Hayat Tahrir al-Sham (HTS) group, sustained by other rebel and Islamist factions, managed to topple Bashar al-Assad’s after decades of rule is becoming even more convoluted because of energy security concerns. Iran, the major supporter of Assad in Damascus, is now stopping to supply oil by sea to Syria (Map 1).
Map 1: Syria-bound Iranian tanker turned around after Assad’s regime fell
Source: Bloomberg
An Iranian sanctioned-vessel tanker aimed to the Mediterranean port of Baniyas, where the largest operating Syrian refinery is located, has turned back before...