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Iran on Friday rejected US claims it is helping Venezuela to rebuild its oil industry, saying the accusations are designed to increase pressure and disrupt the two countries' trade ties.
Elliott Abrams, the envoy leading US efforts to topple Venezuela's leftist leader Nicolas Maduro, has alleged that the cash-strapped country is paying Iran in gold to restore the troubled sector.
US President Donald Trump's administration has imposed unilateral sanctions aimed at ending oil exports from Iran and Venezuela, both major crude producers.
Iran's foreign ministry in a statement called Abrams' claims "baseless", without directly addressing accusations that the Islamic republic is being paid in gold.
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