Russia And Iran Sign Oil-For-Goods Barter Deal; Escape Petrodollar

Published: 29/05/2017
Russia And Iran Sign Oil-For-Goods Barter Deal; Escape Petrodollar
Source: PEAKOIL.COM

Iran signed an agreement with Russia under which it has broken free from the petrodollar, and will “sell”, or rather barter crude oil to Russia in exchange for products. The announcement was made by Iran’s Oil Minister Bijan Zanganeh, as reported by Russia’s RIA and TASS news agencies. “The deal has been concluded. We are […]

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