Iran sends shipment of food to Venezuela in latest delivery

Iranian officials say one of their cargo ships is expected to dock in Venezuela loaded with food to launch the first Iranian supermarket in the South American nation

The food follows Iran's recent flotilla of five tanker ships filled with gasoline sent to relieve Venezuela's deep fuel shortages, the result of broken-down refineries and U.S. sanctions. Iran also provided Venezuela with key ingredients needed to restart refineries and resume producing its own gasoline.

Experts say that in addition to food, the most recent shipment could also be carrying equipment to help repair Venezuela's collapsed refineries.

“That ship can carry 23,000 tons,” said Russ Dallen, head of the Miami-based investment firm Caracas Capital Markets, who tracked the ship's progress. “That would be enough food for a whole chain of Iranian supermarkets across the country, not just one.”