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January 14, 2014       Share:    

Source: http://www.reuters.com/article/2014/01/13/us-usa-iran-sanctions-russia-idUSBREA0C1KQ20140113

U.S. Concerned about Iran-Russia Oil Deal

(Reuters) Roberta Rampton - The White House said on Monday it was concerned about a recent report that Iran and Russia are negotiating an oil-for-goods swap worth $1.5 billion a month that would significantly boost Iran's oil exports. Russian and Iranian sources said the deal could see Russia buy as much as 500,000 barrels a day of Iranian oil in exchange for Russian equipment and goods. "If the reports are true, such a deal would raise serious concerns as it would be inconsistent with the terms of the P5+1 agreement with Iran and could potentially trigger U.S. sanctions," said Caitlin Hayden, spokeswoman for the White House National Security Council.

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