Syria Loses $3 Billion in Oil Revenue on Sanctions

Play

May 2 (Bloomberg) -- 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)