PUTIN SIGNS HISTORIC $20BN OIL DEAL WITH IRAN TO BYPASS WESTERN SANCTIONS.....petrodollar under threat

[link to rt.com]
Moscow and Tehran have signed far-reaching deals, from energy to consumer goods, which are expected to undermine Western-led sanctions against the two countries.

Russia’s Energy Minister Aleksandr Novak met with Iran’s Oil Minister Bijan Namdar Zanganeh and signed a five year memorandum of understanding between the two governments, Russia’s Energy Ministry announced in a statement released on August 5.

The agreement envisages wider economic cooperation, which includes closer ties in the oil and gas sector, construction and rebuilding of generating capacity, development of power supply network infrastructure, machinery, consumer goods, and agriculture.

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Last Edited by Uncle Fuck Stick on 08/07/2014 07:45 AM