Extracts from the Financial Times
By Anna Fifield in Washington, Alex Barker in Brussels, James Blitz in London and Daniel Dombey in Istanbul: 18 August 2011
With the sweeping sanctions it has imposed on Syrias energy sector, the Obama administration has stepped up its efforts to isolate Bashar al-Assads regime, which earns as much as one-third of its income from oil exports.
The measures certainly look punitive Washington has prohibited any Syrian petrol products from being imported into the US, and has forbidden any US citizens and companies from involvement in Syrias oil sector or exporting any products to Syria.
Royal Dutch Shell and Frances Total are both big players on the production side…
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