Home > News > World
Wednesday February 5, 2014 MYT 1:45:02 AM
Wednesday February 5, 2014 MYT 1:45:49 AM
WASHINGTON (Reuters) - A top U.S. official said on Tuesday an oil-for-goods swap between Russia and Iran would not go ahead for now after the United States raised concerns with both Tehran and Moscow, warning it could be subject to U.S. sanctions.
A Reuters report on January 10 revealed that Iran and Russia were negotiating a $1.5 billion per month oil-for-goods swap that would enable Iran to lift oil export substantially.
U.S. Under Secretary of State for Political Affairs Wendy Sherman told a congressional hearing the possibility of a deal was raised at "the highest level" to ensure it did not go ahead.
"My own sense of this is after a fair amount of clarity about this matter that nothing will move forward at this time," Sherman told the Senate Foreign Relations Committee.
"We are very crystal clear that anything like such an agreement between Russia and Iran might have potential sanctionable action and would likely create tremendous risk within the P5+1 which would make coming to a comprehensive agreement all the more difficult if not impossible," she added.
(Reporting by Lesley Wroughton; Editing by Sandra Maler)
Mozambique's opposition leader released after being held by police in his home
New U.S.-Russia military talks seen on Syria air safety
Student charged with killing one, wounding three at Arizona university
China warns U.S. it will not allow violations of its waters
Exclusive - U.S. warns governments, bankers Iran sanctions still in place: sources
Insurgent group in north Syria retakes village from Islamic State - monitor
All Blacks win ahead of busy weekend to decide quarter-finals
Young artiste hurt by allegation
Does Light have a bright idea for photographers?
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)