Skip to main content

Is Russia a better fit than the EU to help relieve Iran from sanctions?

While Iran would prefer EU help when it comes to relief from US sanctions, Moscow might be better suited to this role than Europeans.

Russian Energy Minister Alexander Novak and Iranian Communications Minister Mahmoud Vaezi exchange documents during a signing ceremony after their meeting in Moscow, Russia, July 29, 2016.  REUTERS/Maxim Zmeyev - D1BETSIUABAB
Russian Energy Minister Alexander Novak and Iranian Communications Minister Mahmoud Vaezi exchange documents during a signing ceremony after their meeting in Moscow, July 29, 2016. — REUTERS/Maxim Zmeyev

Iranian Oil Minister Bijan Zanganeh visited Moscow on July 23 for talks with his Russian counterpart Alexander Novak. For Moscow, the meeting was intended, among other reasons, to demonstrate that the Kremlin had taken a strategic decision to keep its energy majors in Iran. The two ministers also discussed their cooperation at the Gas Exporting Countries Forum and Russia’s plans to turn the OPEC+ deal into a permanent agreement.

The visit is critical when analyzed against the backdrop of the bigger picture.

Related Topics

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in