All tagged Russia

Unable to Buy Iran Oil, New Turkish Refinery Turns to Russia

◢ Azerbaijan’s state oil company is turning to Russia to supply a new $6.3 billion refinery it built in Turkey because shipments from one of its preferred suppliers—Iran—are off the table due to U.S. sanctions. “If there were no restrictions, we would buy Iranian crude,” he said, adding that the refinery can purchase oil from anywhere “as long as our model supports it,” although in practice Azerbaijan’s own light crude isn’t really suitable.

Moscow, Iran Urge Europe to 'Fulfil Obligations' Under Nuclear Deal

◢ Russian Foreign Minister Sergei Lavrov and Iranian counterpart Mohammad Javad Zarif on Wednesday called on European signatories to abide by the Iran nuclear deal, following a meeting in Moscow. Zarif's visit came as Tehran said it had stopped respecting limits on its nuclear activities agreed under the deal until other signatories find a way to bypass renewed US sanctions.

Russia's Lavrov to Hold Talks with Iran's Zarif

◢ Russian Foreign Minister Sergei Lavrov will meet his Iranian counterpart Javad Zarif in Moscow on Wednesday, the Russian foreign ministry said Tuesday. The two diplomats, longtime allies on a number of issues including the Syrian conflict, will discuss "key issues of the international and regional agenda" as well as bilateral cooperation, the ministry said in a statement.

Russia Snubs US-Polish Conference on Iran

◢ Russia on Tuesday slammed a planned US-Polish conference on peace and security in the Middle East as "counterproductive" because of its focus on countering Iran, and said it would not attend. US Secretary of State Mike Pompeo has announced plans for the major conference in Warsaw on February 13 and 14 to be attended by ministers from a dozen countries.

Iran Sanctions Herald Energy Trouble for Caucasus Nations

◢ The resumption of wide-ranging American sanctions on Iran promises economic uncertainty for the Islamic Republic’s neighbors in the Caucasus: Azerbaijan, Georgia and Armenia. All three have to various extents relied on Iran for natural gas, and stand to be affected—if only by uncertainty until the exact scope of the sanctions becomes clearer.

Russia, Spain Slam US 'Ultimatums' on Iran

◢ The foreign ministers of Spain and Russia on Tuesday hit out at US sanctions policy against Iran and ultimatums they say are being imposed by Donald Trump's administration. President Trump in May abandoned a 2015 multi-nation deal with Iran aimed at reining in its nuclear program. The deal had been unanimously endorsed by a United Nations Security Council resolution, making it legally binding.

After Bolton Takes aim at Russia and Iran, is Armenia the Collateral Damage?

◢ Befitting his bull-in-a-china-shop reputation, John Bolton's whirlwind tour of the Caucasus left a trail of geopolitical wreckage that his hosts are still trying to pick up even after Bolton himself is back in Washington. As expected, the visit of Bolton, the U.S. National Security Adviser, focused on getting the states of the South Caucasus—Georgia, Armenia, and Azerbaijan—on board with Washington's efforts to isolate Iran.

Iran Says OPEC Has 'Not Much Credit' Left

◢ Oil cartel OPEC has "not much credit" left as some members are turning it into "a tool for the US", a senior Iranian official said in comments published Saturday. "Saudi Arabia and the UAE are turning OPEC into a tool for the US and consequently the organization has not much credit left," Iran's OPEC governor Hossein Kazempour Ardebili told the Shana newswire, affiliated to Iran's Oil Ministry.

Eyeing Reconstruction, Russia, Iran Take Centre Stage at Syria Expo

◢ Companies from dozens of countries are showing their wares at the Damascus International Fair this week, but those from two in particular are getting special treatment—Russia and Iran. Firms from the top two wartime allies of Syria's government are set up in an entirely separate building, hinting at the preferred status they hope to enjoy as the country tries to transition into reconstruction.

Caspian Sea Nations to Sign Landmark Deal

◢ The leaders of the five states bordering the Caspian Sea meet in Kazakhstan on Sunday to sign a landmark deal on the inland sea which boasts a wealth of oil and gas reserves and sturgeon. Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan are expected to agree a long-awaited convention on the legal status of the sea, which has been disputed since the collapse of the Soviet Union rendered obsolete agreements between Tehran and Moscow.

China to To Host Iran Leader Amid Nuclear Deal Upheaval

◢ Iran's president will attend a summit with his Chinese and Russian counterparts next month, officials in Beijing said Monday, as they try to salvage the nuclear deal thrown into upheaval by Donald Trump. China, Russia and European powers, all of which signed the 2015 Iran nuclear accord, are scrambling to save the pact following the US president's decision to quit the agreement and reinstate sanctions.

Russia-Led Trade Bloc Seeks Free Trade Area With Iran

◢ The Russia-led Eurasian Economic Union trade bloc signed an interim trade deal with Iran on Thursday and plans to negotiate a free trade zone, said Kazakhstan which hosted the talks. The agreement signed in the Kazakh capital Astana comes as the United States is snapping economic sanctions on Tehran back into place and warned companies not to do business with Iran.

Iran FM Hopeful of Forging 'Clear Future' for Nuclear Deal on Diplomatic Tour

◢ Iran's foreign minister said Sunday he was hopeful of forging a "clear future design" for the nuclear deal facing collapse after Washington's withdrawal, at the start of a diplomatic tour aimed at rescuing the agreement. Zarif will later fly to Moscow and Brussels to consult the remaining signatories to the 2015 agreement denounced by US President Donald Trump.

Russian Companies to Benefit from US Iran Withdrawal

◢ While Russia has condemned Washington for its withdrawal from the Iran nuclear deal, Moscow remains less exposed to the economic consequences of US sanctions than Europe and its companies could even benefit from the move. Russia and Iran sought to strengthen their business ties long before the 2015 agreement, despite international sanctions in place. 

Russia, China to Stop Bid to 'Sabotage' Iran Deal: Lavrov

◢ China and Russia will block any attempts to "sabotage" the Iran nuclear agreement, Russian Foreign Minister Sergei Lavrov said Monday, as US President Donald Trump mulls whether to scrap the deal. He was speaking on the eve of a meeting of the Shanghai Cooperation Organisation, a regional security bloc spearheaded by Moscow and Beijing.

US Hostility Means Iran Must Boost China, Russia Ties: Official

◢ Growing hostility from US President Donald Trump means Iran must strengthen its ties with Russia and China, a top official said on Saturday. Alaeddin Boroujerdi, chairman of the Iranian parliament's foreign affairs committee, aid boosting ties with China and Russia, permanent members of the UN Security Council, would "help reduce the impact of US pressure".

Iran's Eastern Shift Shows Patience Running Out With the West

◢ Iran's supreme leader has signaled a decisive shift in favor of relations with China and Russia, indicating that patience is running out with efforts to improve ties with the West. This suggest that the latest attempt at detente with the United States—as represented by the 2015 nuclear deal in which it agreed to curb its nuclear program in exchange for a lifting of sanctions— is running out of steam.