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Russia ready to grant $1B loan to Iran: Report

Source: middleeastmonitor · 2026-10-06T11:23:38 UTC

Russia has finalized preparations to provide a $1 billion loan to Iran, with the funds ready for transfer once Tehran provides bank account details, Iranian media reported Tuesday. Iran’s semi-official Fars News Agency said the payment process had been finalized but disagreements among Iranian government bodies over how the money should be spent have delayed the transfer. The loan was first report

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