Report: Suncor Ready to Comply with Syrian Sanctions

Suncor Energy Inc. (SU.TO), down about 5% in today sell-off for energy companies, reportedly is reviewing new U.S. sanctions imposed on the Syrian government Thursday, with a spokeswomen telling Reuters the company will comply with "whatever sanctions come out."

Suncor operates the Ebla natural-gas project in Syria with the state-owned General Petroleum Corp. The U.S. government moved Thursday against Syrian President Bashar al-Assad following several months of escalating violence, banning Syrian petroleum products and freezing the country's assets in the United States.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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