Tag Archives | oil-for-goods swaps

Tehran-Moscow ‘Oil-for-Goods’ Swaps to Reach $45bn

The total volume of “oil-for-goods” swaps between Iran and Russia is expected to reach $45 billion annually, Russian trade representative in Iran Andrei Lugansky said. The total value of goods “under the program (oil-for-goods) can currently be estimated at $45 billion a year,” Lugansky told Sputnik on Monday. He further said the “legally viable” program […]