Insiders: Iran, Russia Close to Oil-Swap Pact Worth Billions

Global Security Newswire Staff
Add to Briefcase
Global Security Newswire Staff
April 3, 2014, 5 a.m.

Ir­an and Rus­sia are gain­ing trac­tion to­ward a po­ten­tial mult­i­bil­lion-dol­lar oil pact that may light­en pres­sure on Tehran in nuc­le­ar talks, Re­u­ters re­ports.

Rus­sia could ex­change non­mon­et­ary goods for up to 500,000 bar­rels of Ir­a­ni­an pet­ro­leum each day un­der the pos­sible ar­range­ment, which may ul­ti­mately pave the way for as much as $20 bil­lion in trade, in­siders told the news agency for a Wed­nes­day re­port. The un­con­firmed claims came as Ir­an pur­sued talks with six world powers on po­ten­tially ac­cept­ing long-term re­stric­tions on its dis­puted nuc­le­ar activ­it­ies in re­turn for re­lief from in­ter­na­tion­al sanc­tions.

One ex­pert on pun­it­ive eco­nom­ic meas­ures said the pet­ro­leum plan “would ease fur­ther pres­sure on Ir­an’s battered en­ergy sec­tor.”

“If Wash­ing­ton can’t stop this deal, it could serve as a sig­nal to oth­er coun­tries that the United States won’t risk ma­jor dip­lo­mat­ic dis­putes at the ex­pense of the sanc­tions re­gime,” ac­cord­ing to Mark Dubowitz, who heads the Found­a­tion for De­fense of Demo­cra­cies. Wash­ing­ton and its al­lies hope such pen­al­ties will en­cour­age Tehran to clear up glob­al fears that its atom­ic activ­it­ies are secretly aimed at es­tab­lish­ing a nuc­le­ar-bomb ca­pa­city.

The U.S. State De­part­ment on Wed­nes­day said it could not veri­fy wheth­er Tehran and Mo­scow had achieved mo­mentum in the oil-swap talks, but spokes­wo­man Mare Harf said any res­ult­ing pact would be “in­con­sist­ent” with an in­ter­im atom­ic ac­cord fi­nal­ized in Novem­ber. Harf also re­af­firmed Wash­ing­ton’s will­ing­ness to con­sider pen­al­iz­ing be­ne­fi­ciar­ies of the pos­sible Ir­a­ni­an-Rus­si­an ar­range­ment.

Ac­cord­ing to one Ir­a­ni­an in­sider, the pos­sible pact would call for Mo­scow to sup­ply Tehran with mis­siles, as well as help in con­struct­ing two new atom­ic fa­cil­it­ies.

Mean­while, spe­cial­ists from Tehran were set on Thursday to be­gin four days of tech­nic­al nuc­le­ar dis­cus­sions with coun­ter­parts from China, France, Ger­many, Rus­sia, the United King­dom and the United States, Ir­an’s Fars News Agency re­por­ted.

What We're Following See More »
TWO MONTHS AFTER REFUSING AT CONVENTION
Cruz to Back Trump
2 days ago
THE LATEST
WHO TO BELIEVE?
Two Polls for Clinton, One for Trump
2 days ago
THE LATEST

With three days until the first debate, the polls are coming fast and furious. The latest round:

  • An Associated Press/Gfk poll of registered voters found very few voters committed, with Clin­ton lead­ing Trump, 37% to 29%, and Gary John­son at 7%.
  • A Mc­Clatchy-Mar­ist poll gave Clin­ton a six-point edge, 45% to 39%, in a four-way bal­lot test. Johnson pulls 10% support, with Jill Stein at 4%.
  • Rasmussen, which has drawn criticism for continually showing Donald Trump doing much better than he does in other polls, is at it again. A new survey gives Trump a five-point lead, 44%-39%.
NO SURPRISE
Trump Eschewing Briefing Materials in Debate Prep
2 days ago
THE DETAILS

In contrast to Hillary Clinton's meticulous debate practice sessions, Donald Trump "is largely shun­ning tra­di­tion­al de­bate pre­par­a­tions, but has been watch­ing video of…Clin­ton’s best and worst de­bate mo­ments, look­ing for her vul­ner­ab­il­it­ies.” Trump “has paid only curs­ory at­ten­tion to brief­ing ma­ter­i­als. He has re­fused to use lecterns in mock de­bate ses­sions des­pite the ur­ging of his ad­visers. He prefers spit­balling ideas with his team rather than hon­ing them in­to crisp, two-minute an­swers.”

Source:
TRUMP NO HABLA ESPANOL
Trump Makes No Outreach to Spanish Speakers
2 days ago
WHY WE CARE

Donald Trump "is on the precipice of becoming the only major-party presidential candidate this century not to reach out to millions of American voters whose dominant, first or just preferred language is Spanish. Trump has not only failed to buy any Spanish-language television or radio ads, he so far has avoided even offering a translation of his website into Spanish, breaking with two decades of bipartisan tradition."

Source:
$1.16 MILLION
Clintons Buy the House Next Door in Chappaqua
2 days ago
WHY WE CARE

Bill and Hillary Clinton have purchased the home next door to their primary residence in tony Chappaqua, New York, for $1.16 million. "By purchasing the new home, the Clinton's now own the entire cul-de-sac at the end of the road in the leafy New York suburb. The purchase makes it easier for the United States Secret Service to protect the former president and possible future commander in chief."

Source:
×