U.S. Official Warns Against Russian Companies Engaging in Iran
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David Cohen, the Obama administration’s top official for terrorism and financial intelligence, warned that any Russian companies engaging in deals with Iran would be subject to U.S. penalties.
Russia and Iran signed a five-year memorandum of understanding to expand trade cooperation, the Russian Energy Ministry said on Aug. 5. Russia will help organize Iranian oil sales under the agreement including in Russia, as suggested by the Persian Gulf state, the ministry said in a later statement, without elaborating.