First Iranian oil tanker docks in Venezuela

The first of five Iranian tankers carrying much-needed gasoline and oil derivatives has docked in Venezuela and a second one entered its waters, the government said on Monday amid concern in Washington over the burgeoning relationship. The United States has closely monitored the shipments, concerned that Iran and Venezuela -- both under US sanctions -- were taking their longstanding ties to another strategic level. Venezuela boasts the largest proven oil reserves in the world, but production has plummeted under the current regime and its oil exports have been hampered by US sanctions.

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