MOSCOW - Russian Energy Minister Alexander Novak said on Wednesday companies were discussing terms for a barter deal with Iran and that no oil deliveries to Russia were planned. Novak told reporters: 'There are negotiations between companies, they are working on the terms. We do not foresee oil deliveries.' Russia announced earlier this week that a long-discussed oil-for-assets deal with Tehran was already being implemented and that Russia was sending grain, equipment and construction materials to Iran.
(photo credit: The Jerusalem Post)