Bloomberg News

Syria Loses $3 Billion in Oil Revenue After Sanctions

May 02, 2012

Syria has lost $3 billion in revenue since the European Union's decision to stop importing the nation's crude last year, Oil Minister Sufian Alao said, while bank deposits and lending have plunged.

Lara Setrakian reports on Bloomberg Television's "Countdown" with Linzie Janis. (Source: Bloomberg)

Running Time: 01:47

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