Is this why Russia and China oppose sanctions on Iran?

Strategy Page:

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China and Russia are not eager for Iran to acquire nuclear weapons. But both nations are making a lot of money selling stuff to Iran. With oil selling for $70 dollars a barrel, Iran has lots of money, and wants lots of military and industrial equipment that Russia and China can provide. Iran is well aware of this relationship, and is pressuring China and Russia to continue stopping the UN from imposing sanctions. If the UN did impose sanctions, Russia and China could expect to lose billions of dollars of sales each year....

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