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    Uzbekistan, Iran sign agreements worth $25.5M

    As part of the visit of Uzbekistan’s delegation to Iran on October 18 and following the business forum, the two countries’ entrepreneurs signed agreements worth $25.5 million.

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    India's economy falters under Modi

    The economy of the world's largest democracy is growing at a pace, which is the slowest in the last three years. Jobs are being lost. Inflation is threatening to pick up. There are few takers for bank loans. Consumer.

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    Baghdad to bypass Iraqi Kurdistan with oil exports

    Baghdad on Tuesday began rehabilitating the oil pipeline to Turkey’s Ceyhan port that bypasses Iraqi Kurdistan, after a suspension of nearly three years, the Iraqi oil minister and lawmakers said.

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    Crackdown on Muslim-run leather units in India dents exports, hits jobs

    A Myanmar beauty queen says she was stripped of her pageant title after posting a graphic video accusing Muslim Rohingya militants of driving communal violence in Rakhine state.

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    Iran bans oil products shipment to Iraqi Kurdistan

    Iran’s Ministry of Roads and Urban Development has warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice,” Iranian news agencies reported on Saturday.

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    China Eyes Iran as Important Belt and Road Hub

    China’s strategic interest in Iran is intensifying. Chinese manufacturers are looking to establish new operations in Iran, and Tehran is viewed as a vital transport and logistics hub.

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    India starts exporting diesel to Myanmar

    India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi’s pledge to enhance hydrocarbon trade with neighbouring countries.

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    Kurdish Independence Could Deal A Major Blow To Oil Markets

    The future stability of OPEC’s second-largest oil and gas producer could be decided by the end of 2017. Unrest is growing in Iraq as the Kurdish referendum grows nearer. Soon, the Iraq that we have known.

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    McDonald’s to shut down 169 outlets in India

    The US burger chain, which has a presence in around 119 countries, said on Monday that it was terminating its agreement with Connaught Plaza Restaurant (CPRL) due to alleged breach of franchise agreements.

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    China bans North Korean imports

    China will halt iron, iron ore and seafood imports from North Korea starting Tuesday, following through on new UN sanctions after US pressure for Beijing to strongarm Pyongyang over its ally's nuclear programme.

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    Kurds oppose Iraq-Iran oil pipeline

    Authorities in the autonomous Iraqi Kurdistan have opposed exporting oil from the northern fields of Kirkuk via Iran, marking their first escalation of a spat which has started with secessionist calls.

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    Darjeeling unrest threatens tea shortage

    In the dozens of lush green plantations across the picturesque hill station, the June-August harvest season normally provides the bulk of the nearly eight million kilos of tea sold a year – most of which goes to Europe.

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    Qatar files complaint to WTO against blockading Gulf nations

    Qatar has filed a complaint with the World Trade Organization over an "illegal siege" imposed by its Gulf neighbors, the commerce ministry said Monday.

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    UAE-based Etihad loses $1.87B in 2016

    The Abu Dhabi-based airline's loss comes during a tough time for the Gulf's long-haul carriers, as a diplomatic crisis with Qatar upended regional air routes and Trump administration's travel ban on six majority Muslim.

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    Kazakhstan, China ink $160 million in agricultural agreements

    Kazakhstan and China signed $160 million in agreements July 11 during the Kazakh-Chinese Agriculture Investment Forum held as part of a two-day visit to the capital by Chinese Minister of Agriculture.

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    India's top court suspends ban on trade in cattle for slaughter

    India’s Supreme Court suspended on Tuesday a government ban on the trade of cattle for slaughter, a boost for the multi-billion dollar beef and leather industries mostly run by members of the Muslim minority.

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    Indian Oil plans to buy North American sour crude for the first time

    India's top refiner has issued its first tender to buy high-sulphur, or sour, crude from North America as it seeks to diversify imports, three trading sources said on Tuesday.

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    International businesses caught in Qatar crossfire

     International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments, lengthens travel times and prompts contingency plans in case the crisis deepens.

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    Is There Still Hope For Higher Oil Prices? 

    Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to a period of "lower for longer.

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    Saudi Arabia Deports 15,000 Qatari Camels

    After Saudi Arabia broke off relations with Qatar on June 5, Riyadh made clear it wanted nothing to do with its tiny Arab neighbor. Trade is cut off, planes headed to Qatar can’t fly through Saudi airspace.

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    India,Afghanistan start air freight corridor to bypass Pak

    An aircraft packed with 60 tons of Afghan plants with medicinal uses marked the opening of the first air cargo corridor between Afghanistan and India on Monday.

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    Qatar won't cut off gas to UAE despite diplomatic dispute: CEO

    Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told Al Jazeera network, two weeks.

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    Qatar's dispute with Arab states lifts oil prices, may affect Moody's credit rating

    Saudi Arabia and key allies on Monday cut ties with Qatar, the world's top seller of liquefied natural gas (LNG), accusing it of supporting extremism and sending shockwaves through the energy industry.

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    India’s annual growth slows to 7.1pc after controversial note ban

    India’s growth slowed to 7.1 per cent last year, according to official data released on Wednesday, weaker than analysts expected but still the fastest rate of growth of any major economy.

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