Sanctions On Russia Are Stalling A Crucial Iranian Gas Project

Sanctions On Russia Are Stalling A Crucial Iranian Gas Project

OilPrice.com

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Things were not meant to go like this as far as Russia and Iran, and indeed China, were concerned, following the invasion of Ukraine on 24 February 2022. Within a week of that date, President Vladimir Putin’s vision ran, Russia would have secured control over its neighbour. In oil and gas terms, this would have meant the continuation and expansion of Russian gas flows into Europe through Nordstream 2 and oil shipments being increased into the south of the continent. This would also have meant that a big increase in gas and oil from Iran would…

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