Iran and Russia Sign Lucrative Oil Deal, Which Makes It Obvious Why Russia Has Been Defending Iran
An energy company in Iran has just a $742 million deal with Russian state-owned energy firm Zarubezhneft to increase production in two oil fields in Western Iran, which is making it pretty obvious why Russia is backing Iran’s malign activities. At the signing ceremony of this deal, in Tehran on March 14, Iran's Oil Minister Bijan Namadar Zanganeh said: "Increasing the production from these two fields will bring some $4 billion dollars to Iran [over the next few years]". While National Iranian Oil Company head Ali Kardor said that this was ...
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