A flotilla of five tankers carrying Iranian fuel for gasoline-starved Venezuela is approaching the Caribbean, with the first vessel expected to reach the South American country’s waters on Sunday, according to Refinitiv Eikon tracking data. Iran is supplying about 1.53 million barrels of gasoline and alkylate to Venezuela, according to both governments, sources and calculations made by TankerTrackers.com based on the vessels’ draft levels. The shipments have caused a diplomatic standoff between Iran, Venezuela and the United States as both nations are under U.S. sanctions. Washington is considering measures in ... (full story)