Russia confirms Iran oil-for-goods swap, no signs seen


  • World
  • Wednesday, 15 Apr 2015

(L-R) Iran's President Hassan Rouhani, Russia's President Vladimir Putin and Russia's Foreign Minister Sergei Lavrov pose for a picture before their meeting at the Shanghai Cooperation Organization (SCO) summit in Dushanbe September 12, 2014. REUTERS/Mikhail Klimentyev/RIA Novosti/Kremlin

MOSCOW (Reuters) - Russian traders, analysts and industry players on Tuesday questioned Moscow's announcement that a long-heralded oil-for-assets barter deal with Iran was already being implemented, saying they saw no signs of extra trade.

Russian officials said on Monday Russia was sending grain, equipment and construction materials to Iran in the barter deal, the first step in securing a foothold in a new market since the West imposed sanctions on Russia over Ukraine.

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