Russia and Iran Near Gas Deal Using Azerbaijan Transit
Officials confirm Azerbaijan as the preferred route for Russian gas exports to Iran, advancing long-negotiated energy cooperation.
Russia and Iran are moving closer to a natural gas agreement, with both sides confirming that Azerbaijan will serve as the transit corridor for Russian gas exports to Iran. The deal has been under negotiation for an extended period.
The route chosen mirrors a historical precedent: in the 1970s, Iran exported gas to the Soviet Union through the same corridor. Its revival underscores the shifting dynamics of Eurasian energy geopolitics, particularly in the wake of the Ukraine war.
The agreement represents another step in the broader reconfiguration of energy trade flows, as Russia pivots its energy exports toward Asian markets amid western sanctions.
Source: First Squawk