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Inside Investor

SYRIA: EU Lifts Oil Embargo to Help ‘Opposition’

SYRIA: EU Lifts Oil Embargo to Help ‘Opposition’

Bottom Line: The European Union has lifted its oil embargo on Syria ostensibly to provide “economic support” to the rebels fighting the Assad regime, but the rebels—40%+ infiltrated by Sunni jihadist groups—are not cohesive enough to make use of the oil fields they now nominally control, and the Assad regime controls the country’s two refineries.

Analysis: When…

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