$20 Billion Oil Deal Between Russia and Iran, The Alliance to Break Ranks With Western Powers


by George X Lampkin

Andrew Trotman reports from the The Telegraph, "Vladimir Putin is eyeing a $20 billion trade deal with Iran that would see Russia sidestep Western sanctions on its energy sector.

Under the terms of a five-year accord, Russia would help Iran organise oil sales as well as “cooperate in the oil-gas industry, construction of power plants, grids, supply of machinery, consumer goods and agriculture products”, according to a statement by the Energy Ministry in Moscow.”

Will the west look upon this deal between Russia and Iran as a possible threat to the U.S. Dollar?  Will western powers move quickly to dismantle the ‘Peace Pipeline’ in Iran? 

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