Iran to supply Russia with auto parts and fuel turbines amid Ukraine gas crisis
Tehran announced on Friday that it would start negotiations with Moscow over supplying Russia with auto parts and fuel turbines in exchange for metallic raw materials as Russia struggles under harsh international sanctions in its war in Ukraine.
Russia faces an uphill battle to replenish its forces which would be faced with dwindling artillery and substandard spare parts for machinery and ships.
Both Russia and Iran have been hit by crippling international sanctions and struggled to import vital materials needed to sustain their economies.
But according to Iranian Trade and Industry Minister Reza Fatemi Amin, Tehran may have found a willing partner to barter for raw materials needed by the country’s metal and mining industries, state media reported on Friday. Russians.
Iran seeks to acquire zinc, aluminum, lead and steel while Russia seeks supplies for its power plants.
A State Department spokesperson told Fox News that the department would not comment on “discussions between Russia and Iran on future economic cooperation.”
“That said, all sanctions options to counter Russian support for Iran’s regional aggression remain on the table. Entities that do business with sanctioned Russian entities run the risk of being sanctioned themselves,” the spokesperson added.
The export of Iranian cars or auto parts is not subject to US sanctions, but it is unclear whether the export of metallic raw materials to Iran constitutes a violation of international sanctions.
News of the talks comes just days after Iranian Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak signed three documents agreeing to exchange “technical knowledge and expert cooperation in the field of petrochemical equipment,” according to a statement released by Tehran on Wednesday.
“We had good discussions with the Russian delegation, which led to the signing of agreements,” Owji told local reporters.
Iran and Russia have agreed to cooperate in banking, transport and agriculture.
Russia is now resorting to desperate measures to reinforce its troops in Ukraine, apparently relying on Chinese-made household appliances to repair damage to its naval fleet in the Black Sea.
But as Moscow scrambles to extend its deadly three-month war, a fuel crisis hits Ukraine.
Ukraine has experienced a severe fuel shortage in recent weeks as supply chains have fallen victim to Russian bombardment.
A naval blockade in the south, destroyed oil refineries, damaged rail lines and dependence on foreign oil from adversary countries like Russia and Belarus mean Ukrainians are struggling to get fuel.
But the shortage could also cause problems for Russian forces who have notoriously had logistical problems obtaining supplies since the war began in February.
Regional officials in Lugansk, the most northeastern region of Ukraine, which shares a border with Russia and continues to be the subject of heavy fighting, announced this week that the last gas distribution station of the area had closed.
“Now the region is completely devoid of natural gas,” a regional official said on Telegram on Wednesday.
It is unclear at this time how Russia continues to provide its troops with sufficient fuel requirements as it seeks to take “full control” of eastern and southern Ukraine.