Russian-Iran Oil Deal Could Trigger US Sanctions – White House
Source: RIA Novosti
WASHINGTON, January 15 (RIA Novosti) A possible deal between Russia and Iran securing an oil-for-goods swap could generate sanctions against parties involved in such an agreement, a White House spokesman said Wednesday.
If the deal moves forward, it would raise serious concerns, as it would be inconsistent with the terms of the P5+1 agreement with Iran and potentially trigger US sanctions against the entities and individuals involved in any such transactions, spokesman Jay Carney told reporters.
The Reuters news agency last week cited Iranian and Russian sources as saying that the two nations are negotiating a swap that could see Russia buy up to 500,000 barrels of Iranian oil daily in exchange for Russian equipment and goods.
Washington expects that the reported deal would increase Irans oil exports, which have been cut by more than half, to about 1 million barrels a day, by sanctions led by the US and European states over Tehrans nuclear program.
Read more: http://en.ria.ru/russia/20140115/186565265/Russian-Iran-Oil-Deal-Could-Trigger-US-Sanctions--White-House.html