U.S. says Russia-Iran oil-for-goods will not go ahead for now


  • World
  • Wednesday, 05 Feb 2014

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.

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