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Russia And Iran Finalize 20-Year Deal That Will Change The Middle East Forever — Simon Watkins

Summary:
Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia.The agreement will replace the 10-year-deal signed in March 2001 and has been expanded not only in duration but also in scope and scale.The new deal includes far-going agreements on defense and energy.Iran previously concluded extensive trade deals with China, as well as a "strategic partnership." Iran is also approved for membership in BRICS, SCO and BRI.Oilprice.comRussia And Iran Finalize 20-Year Deal That Will Change The Middle East ForeverSimon Watkins

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  • Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia.
  • The agreement will replace the 10-year-deal signed in March 2001 and has been expanded not only in duration but also in scope and scale.
  • The new deal includes far-going agreements on defense and energy.

Iran previously concluded extensive trade deals with China, as well as a "strategic partnership." Iran is also approved for membership in BRICS, SCO and BRI.

Oilprice.com
Russia And Iran Finalize 20-Year Deal That Will Change The Middle East Forever
Simon Watkins
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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