Russia Signs Historic $20 Billion Deal with Iran to Bypass Sanctions


MOSCOW (Worthy News)– Russia has agreed a five-year, $20 billion, trade deal with Iran that will help the Islamic republic to sidestep Western sanctions on its energy sector.

 

Under the terms of a five-year accord, Russia will help Iran organise oil sales as well as “cooperate in the oil-gas industry, construction of power plants, grids, supply of machinery, consumer goods and agriculture products”, according to a statement by the Energy Ministry in Moscow.

A deal could see Russia buying 500,000 barrels of Iranian oil a day, the Moscow-based Kommersant newspaper has previously reported. That would be about a fifth of Iran’s output in June and half its exports. — Source

18
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Egyptian Christians Seek Refuge as Attacks, Discrimination Persist
Hegseth Vows to Restore Faith to U.S. Military Chaplain Corps, Rejecting ‘Therapist Culture’
U.S. Greenlights $11.1 Billion Taiwan Arms Deal as China Warns of Escalation
House Passes Bill Criminalizing Gender Transition Procedures for Minors
U.S. House Passes GOP Health Care Bill, Sends To Senate
Trump Tells Venezuela They Are ‘Completely Surrounded’; Issues Warning To Maduro
Trump Admin Again Claims Mexico Will Comply With Water Treaty
Inflation Cools More Than Expected, Offering Encouraging Economic Signs
Australian PM Praises Hero Who Disarmed Gunman in Sydney Hanukkah Terror Attack (VIDEO) (Worthy News In-Depth)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News