Tehran was revealed by the IAEA Saturday as having exceeded the one million-barrels-a-day oil export concession ceded on the international oil embargo snaction under the interim nuclear accord it signed with the six world powers last November. The nuclear agency reports that Iran has been consistently selling an average quantity of 1.65 million barrels a day. The US State Department finally admited that Iran was in breach of its first nuclear accord and voiced the hope that the figure would go down within a few months.
DEBKAfile: By this unfounded “hope,” the Obama administration overlooks Tehran’s new barter deal with Moscow for the export of 550,000 barrels of oil per day to Russia, which effectually undermines the key sanction against Iran. Russia’s deputy foreign minister Sergey Ryabkov rejected Western criticism of this deal saying: “An increase in Russian-Iranian trade doesn’t involve any elements of political or economic challenge to anyone.