Russia Set to Start Iran Crude Imports Under Oil-for-Goods Deal
This article is for subscribers only.
Russia may start importing crude from Iran next week as part of an oil-for-goods agreement, Iranian Energy Minister Bijan Namdar Zanganeh said.
“We hope that next week” Russia will take its first imports, Zanganeh told reporters on board a plane from Vienna late on Friday, after attending a meeting of the Organization of Petroleum Exporting Countries. “Much of this will be for cash and we will be using this money to buy commodities from the Russians.”