Economy
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Turkey to trade in local currencies with Iran, China
Turkish President Recep Tayyip Erdogan says he has plans to ditch the dollar in trade with Iran and China and instead…
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OPEC to be key factor to price recovery until ۲۰۴۰
Despite the fact that non-OPEC production will ensure supply to ۲۰۳۰, OPEC has to continue leveraging its available…
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EU extends economic sanctions against Russia for ۶ months
The EU Council has prolonged economic sanctions targeting the financial, energy and defence sectors, and the area of…
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China among largest importers of US energy exports
As China&#۰۳۹;s domestic energy consumption has grown, the country has become a significant destination for US energy…
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Oil falls after Trump threatens to escalate trade war with new tariffs
Oil prices fell on Wednesday, with Brent dropping by more than $۱ at one point, after U.S. President Donald Trump…
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Iran-Austria Joint Economic Committee meeting to kick off today
The ۹th meeting of Iran-Austria Joint Economic Committee will be held in Austria on Wednesday in the presence of…
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Baltic Dry Index recovery eases global economy concerns
The Baltic Dry Index has surged ۴۵pc in just three weeks, easing fears that the world economy has slammed on the brakes.
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Iran, Turkey open first LC in own currencies in blow to dollar
Iran and Turkey have opened their first letter of credit for business transactions in their national currencies as the…
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Transit of goods via Iran up ۲۴% in a year
Transit of goods through Iran rose ۲۴ percent in the past Iranian calendar year, which ended on March ۲۰, according to…
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