Iran-Russia Oil Barter Deal not in Iran’s Interest

Azernews

21 July 2014

Iran and Russia’s commitment to continue negotiations on oil barter deal has sparked concerns in some countries, especially the United States.

Some experts said such a deal would not be beneficial for Iran and even would damage the nuclear talks between Iran and P5+1 on Tehran’s nuclear energy program.

However, a senior Iranian official said Tehran and Moscow are in talks to finalize the oil agreement irrespective of Tehran’s nuclear talks with six world powers.

Commenting on the issue, James M. Dorsey, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies told AzerNews that a barter deal with Russia won’t impact the nuclear negotiations.

“It would hedge Iran to some degree Iran against a potential failure of the nuclear talks and it would serve Russia’s interest by positioning it in Iran in advance of a competitive rush should the talks succeed,” Dorsey said.

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RSIS / Online

Last updated on 22/07/2014