Ongoing Negotiations For USD20bn Oil-For-Goods Deal With Russia

News: Iran is reportedly negotiating a USD20bn oil-for-goods deal with Russia in a bid to boost its energy exports amid Western sanctions. According to Reuters, Moscow will buy up to 500,000b/d of Iranian crude for two to three years in exchange for Russian equipment and goods including metals and food, but no military equipment. The deal would be done in a phased manner, with an initial USD6bn to USD8bn tranche.

Ongoing Negotiations For USD20bn Oil-For-Goods Deal With Russia

News: Iran is reportedly negotiating a USD20bn oil-for-goods deal with Russia in a bid to boost its energy exports amid Western sanctions. According to Reuters, Moscow will buy up to 500,000b/d of Iranian crude for two to three years in exchange for Russian equipment and goods including metals and food, but no military equipment. The deal would be done in a phased manner, with an initial USD6bn to USD8bn tranche.

×

Enter your details to read the full article

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

×

REQUEST A DEMO

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

A member of the team will be in touch shortly to arrange a convenient time for your free demonstration and trial. If your enquiry is urgent, please email our Client Services team here.