Syrian policy shifts on Russian oil

Sources told Reuters that Damascus has agreed to significantly reduce its imports of Russian oil, as part of its negotiations with the United States to lift the sanctions imposed on it. This shift in Syria's energy policy comes after its heavy reliance on Russian oil in recent times, with shipments increasing by 75% this year to around 60,000 barrels per day, despite these quantities representing only a small portion of Russia's global exports. This move reflects Syria's efforts to diversify its energy sources, with the United States encouraging cooperation with international partners, especially American companies, to secure suitable alternatives. However, replacing Russian oil remains a challenge due to potential shortages or increased costs if strong alternative sources are not available. The overall goal of this approach is to enable Syria to build a more diverse energy supply network, supporting its long-term economic and political stability.

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