Russia says no oil-for-goods deal yet with Iran

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"We did not reach a final agreement," Novak told reporters, adding that he hoped a deal could be agreed in time for an inter-governmental meeting in the autumn.

Reuters reported in April that Iran and Russia had made progress on a barter deal that could be worth up to $20 billion under which Moscow would provide Russian equipment and goods in exchange for Iranian oil. (Reprting by Katya Golubkova, Writing by Steve Gutterman, Editing by Timothy Heritage)

FILED UNDER: Energy Utilities

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