Russia Says Iran Breaks Sanctions With Caspian Port Takeover

Russia is taking legal action to block companies controlled by Iran from acquiring the strategic Astrakhan port on the Caspian Sea in violation of United Nations sanctions, the Russian competition watchdog chief said.

“We know that these companies, through a certain chain, are under the direct control of the government or structures close to the government of the Islamic Republic of Iran,”, Igor Artemyev, head of the Federal Anti-Monopoly Service, told reporters in Moscow today. “Ports are strategic assets.”