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selling coal to newcastle...
Venezuela has agreed to export petrol to Iran, in a sign of closer ties between two of America's most vocal adversaries.
At the end of a two-day visit to Iran, President Hugo Chavez said Venezuela would supply 20,000 barrels of petrol a day to the country.
Iran is a major oil exporter but lacks domestic refining capability.
Iranian leaders expressed support for the Venezuelan socialist leader's anti-American policies.
Mr Chavez has been using Venezuela's oil wealth to counter US influence in Latin America and to boost ties with nations not friendly with Washington.
"Venezuela has agreed to export 20,000 barrels of petrol daily to Iran from October in a deal worth $800 millon (£485m)," he was quoted as saying by Iranian media.
- By Gus Leonisky at 7 Sep 2009 - 7:55pm
- Gus Leonisky's blog
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meanwhile in iraq...
the China National Petroleum Corporation has struck oil at the Ahdab field in Wasit Province, southeast of Baghdad. And while the relationship between the company and the Iraqi government has gone smoothly, the presence of a foreign company with vast resources drilling for oil in this poor, rural corner of Iraq has awakened a wave of discontent here.
hush rockets...
Israel was linked to the interception of the missing cargo ship Arctic Sea last month, a senior figure close to Israeli intelligence has told the BBC.
The source said Israel had told Moscow it knew the ship was secretly carrying a Russian air defence system for Iran.
Russian Foreign Minister Sergei Lavrov has dismissed speculation that S-300 missiles were on board the ship.
Israeli Prime Minister Benjamin Netanyahu, meanwhile, has denied making a secret visit to Moscow on Monday.
Mr Netanyahu's office says he was visiting an Israeli security installation when he vanished from public view for much of the day.
A BBC correspondent points out that the claim of a secret arms shipment come as Israel seeks to highlight the threat posed by Iran.
Tehran faces a deadline to open talks on its nuclear programme or face possible sanctions from the UN.
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Puzzling puzzle... methink that had the ship carried stuff of military value, the Ruskie navy would have shadowed it with a sub and other secret surveillance method, including spy satellites. not to do so whould have been careless, then again who knows...