(Reuters) – The first tanker from a flotilla of five Iranian fuel cargoes reached Venezuela’s exclusive economic zone yesterday, according to vessel tracking data from Refinitiv Eikon.
The shipments, which caused a diplomatic standoff with the U.S. government as both Iran and Venezuela are under sanctions, aim to ease the South American nation’s acute gasoline shortage.
Venezuela’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 economy 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 U.S. sanctions.
Washington is considering measures in response, according to a senior U.S. 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 U.S.) will also be in trouble,” Rouhani said in a telephone conversation with Qatar’s Emir, Mehr reported.