Days before Trump meets Putin, Russia is cozying up to Iran in a big way

On May 7, a day before the president Donald Trump announced that the US would withdraw from the Iran nuclear deal, a former US ambassador to Russia gave a prescient warning, telling Quartz that the withdrawal would play straight into president Vladimir Putin’s hands.

And that’s what’s happened. “Russia is ready to invest $50 billion in Iran’s oil and gas sectors,” Akbar Velayati, a senior adviser to Iran’s supreme leader, told the Financial Times (paywall) on Friday....

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