Both Russia and Iran are running rings around Old Joe on the global stage. Meanwhile, this will help finance a good bit of Iran’s global jihad adventurism.
“Biden humiliated as Russia and Iran strikes major 20-year energy deal,” by Antony Ashkenaz, Express, June 3, 2022:
Amid the invasion of Ukraine, Russia has expanded its energy ties with Iran, another country that has butted heads with the US in the past. Diplomats from the two countries discussed the second and third phases of the expansion of the Bushehr nuclear plant with Iran, which was built by Russia. Meanwhile, energy companies from Moscow are also set to play a larger role in Iran’s petrochemical industry, posing another hurdle for Western countries that are desperately trying to end their reliance on Russian fossil fuel exports.
The European Union is heavily dependent on Russian gas, having imported 40 percent of its supply from Moscow in 2021.
Last week, Russian Deputy Prime Minister, Alexander Novak, headed a high-level delegation to Iran to discuss their alliance.
According to Iran’s Petroleum Minister, Javad Owji, Russia has already allocated part of its $5billion (almost £4billion) funds promised for Iranian energy, agricultural, and transport projects.
Russia and Iran plan to expand their annual trade to at least $40billion within the next three years.
According to Mr Owji, Tehran and Moscow will significantly increase their cooperation in the financial and banking sector, oil, gas, petrochemicals, and nuclear energy.
He also noted that the two countries have agreed to conduct their bilateral trade in their own currency.
This deal could be a huge boost for rubles, which took a major hit after Western countries sanctioned nearly all aspects of the Russian economy following the invasion of Ukraine….
Westman says
Anyone want to bet on whether there is a secret Russian-Iran deal for a breeder reactor to produce fissionable plutonium from relatively cheap U238?
Why spend all the time and effort on centrifuge-based isotope separation? Using breeder reactors is how France replenishes its electricity generating nuclear fuel while also supplying its defense industry.
mortimer says
Iran and Russia playing tit-for-tat! You invade Ukraine, and We-Mullahs will invade our neighboring countries and Israel.
Sleepy Joe takes another nap.
Westman says
Napping is right.
Biden has been pro-Israel since 1972 in his speeches. The current Executive Branch actions toward Israel indicate Biden’s handlers have other ideas. This admin has two steering wheels.
Ralph says
I also fear that Russia will help Iran to produce nuclear weapons.
Kesselman says
Old Joe and his handlers try to outmaneuver the Russian capability to have a say in the ongoing war in Ukraine and the economics at large. Various US administrations adopted this path immediately after the Soviet empire broke down. Bad politics, bad for the American people. Some sinister influence captured certain politicians and get industrialists intermingled in the globalist approach to world domination.—But the 1st world has now the 2nd and the 3rd world as serious adversaries. Not surprisingly that Russia and Iran are best friends.
Infidel says
Nothing that the US did worse than mismanage its policy on Russia since 1992. That constant snubbing of President Yeltsin led to what we have today
Infidel says
This story is just a part of the larger trend of the US$ losing its status as the world’s reserve currency. Once that happens, good luck doing a budget w/ a $30T debt around your neck
Hank says
“Moscow will significantly increase their cooperation in the financial and banking sector, oil, gas, petrochemicals, and nuclear energy.”
Moscow does not have any natural resources to play with. It all belongs to ethnic republics in the Russian Federation that are being looted by Moscow for their oil, gas, et al. These nations in the Russian Federation have a history of resistance.
Now the Muscovite’s want the sovereign state of Ukraine forced into their Russian Federation for further looting. In this case Ukraine’s grain. Ukraine experienced a man-made famine in the 1930’s, were millions died, because of looting by Moscow which has no natural resources. Ukraine does not want to be looted again and is resisting.
I believe Putin will most likely trigger the collapse of the Russian Federation when the republics realize that their young people are the one’s dying in Ukraine and their nations are looted by Moscow.
See: “Get ready for the breakup of Russia”
https://www.youtube.com/watch?v=jqYZqNpLQb8&t=12s
Beneath the Veil of Consciousness says
The two boa constrictors meet face to face on the world stage with plans to further choke out more options for a freely functioning world. In truth, both nations’ supporting structures are rotten to the core. Drug addiction and alcoholism (in the case of Russia), is rampant. Combined with central government corruption and precipitously declining birth rates and you have all the makings of nations in collapse.
These two pathetic peacocks are prancing in front of the graveyards of their nations, and with it, any hope its citizens may have for a bright and promising future.