BREAKING NEWS

Kremlin confirms oil-for-goods swap with Iran under way

By REUTERS

APRIL 14, 2015 12:30

The Kremlin confirmed on Tuesday that an oil-for-goods barter deal between Russia and Iran was being implemented and said all legal barriers had been removed to Moscow supplying S-300 missile systems to Tehran.

Kremlin spokesman Dmitry Peskov declined to give any details of the barter deal. But asked whether a senior Foreign Ministry official was correct when he said on Monday that the exchange had begun, Peskov told reporters: "Absolutely. Of course."

Peskov also said no legal barriers remained to supplying the advanced Russian air defence system S-300 to Iran after President Vladimir Putin signed a decree on Monday lifting a ban on such deliveries.

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