Russia sees no reason to stop trading with Iran and will continue to do so whenever it considers it appropriate, despite US sanctions threats, Foreign Minister Sergei Lavrov said on Tuesday. US President Donald Trump said on January 12 that any country doing business with Iran would face a tariff rate of 25% on any trade with the US. ADVERTISEMENT"I see no reasons to stop joint projects with Iran, despite US threats to raise tariffs," he said." Russia will trade with Iran as it sees fitting," he added. European countries have said Trump's tariffs announcement would violate a trade deal reached with his administration last year.

Source: The Telegraph January 20, 2026 11:08 UTC