SYRIA

 

US Treasury Sanctions Syrian Refineries

 

Syria’s Banias and Homs refineries are among the targets of the latest round of US Treasury Department sanctions intended to undermine Bashar al-Asad’s regime in Damascus.

The new ruling “builds on Treasury’s ongoing efforts to apply economic pressure on the Syrian government by choking off access to the international financial system,” according to an 8 May statement.

The main target is...