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Tuesday, June 15, 2010
Scrapping S-300 deal could cost Moscow
Moscow's decision to halt delivery of powerful S-300 air-defense missiles to Iran, citing the new U.N. sanctions on the Islamic Republic, may be politically convenient but it could carry a hefty cost for Russia in the Middle East.
The Kremlin has been delaying delivery of five S-300PMU batteries under a $700 million contract in 2007, largely because of U.S. and Israeli pressure.
But Russian leaders have now found a valid excuse to deny the Islamic Republic the weapons it wants to protect its nuclear facilities from attack.
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