Russia will win against there European trade rivals thanks to The US sanctions on Iran.
Russian firms working in Iran have an edge over European competitors because they are under American sanctions too, so they absolutely have nothing to lose, according to TeleTrade Chief Analyst Petr Pushkarev.
“Russian companies are going to continue making profits in Iran like nothing ever happened. It is a real advantage over the Europeans, who, like Total or Airbus, have large activities in the US and are quoted on American exchanges,” according to Pushkarev.
Firms from Russia can just ignore Washington's threats of imposing penalties for trade with Iran, and continue to make business and profits in this country...