Russia promises Iran fuel despite sanctions

Russian companies are ready to supply fuel to energy-hungry Iran, despite unilateral US and EU sanctions targeting Tehran's oil and gas sectors, the Russian energy minister said on Wednesday.

The pledge came amid a period of tension between Russia and Iran unprecedented in the last two decades, compounded this week by President Dmitry Medvedev's statement that Tehran was nearing the potential to build an atomic bomb.

"Russian companies are prepared to deliver oil products to Iran. The possibility of delivering oil products to Iran exists, if there is a commercial interest," said Russian Energy Minister Sergei Shmatko.

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