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    Iran invites Pakistan to participate in Chahbahar project

    Iranian Foreign Minister Dr Javad Zarif on Monday invited Pakistan to participate in Chahbahar seaport project and development of its link with Gwadar Port as he sought to allay concerns

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    Russia embraces Pakistan with gas and diplomacy

    As US influence in Islamabad wanes, former adversary Moscow is building military, diplomatic and economic ties that could upend historic alliances in the region and open up a fast-growing gas market

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    Syria's Aleppo expects Iran power boost soon

    The power supply in Syria's Aleppo will be boosted this year thanks to new capacity installed by Syrian ally Iran, a step towards reviving the industrial hub whose electricity grid has been.

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    India asks Saudi Arabia for ‘reasonable’ oil pricing

    India on Friday asked the world’s largest oil producer Saudi Arabia for a “reasonable” oil pricing that balances the interest of producer and consuming nations.

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    Bangladesh stock exchange approves China bid, rejects India offer

    Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing a rival bid from India that raised political sensitivities.

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    Egypt to buy $15bn worth natural gas from Israel

    Egypt will purchase $15bn worth of natural gas from Israel. The deal which one analyst called a "coup for Israel will bring "billions of dollars to Israeli coffers". 

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    India-Iran sign landmark port deal

    Trade, investment and regional connectivity between India and Iran received a boost Saturday with the two countries signing a dozen pacts including one on strategically located Chabahar port

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    Competing interests weigh in as Rouhani visits India

    Iran’s President Hassan Rouhani is on a three-day state visit to India to fast-track joint investment plans and review a whole gamut of relations at a time of new geopolitical realities.  

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    Indian bank hit by $1.8bn fraud case

    India's second largest state-run bank has uncovered a $1.8bn (£1.3bn) scam linked to a single Mumbai branch.The fraud amounts to nearly a third of Punjab National Bank's (PNB) market value, and 50 times.

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    Amazon posts largest profit in its history

    Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season.

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    International oil market heads towards ‘smooth rebalancing’

    After long years of punishingly low oil prices, the global oil market is moving closer to reaching a healthy balance between supply and demand, Opec said on Thursday.

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    India faces fiscal deficit target miss after extra borrowing

    India will borrow an additional 500 billion rupees ($7.79bn) this fiscal year, a higher-than-expected figure that could lead to it breaching its fiscal deficit target for the first time in four years

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    CPEC clout: Now, Yuan may replace US dollar in Pakistan-China trade

    Pakistan's minister for planning and development Ahsan Iqbal said that the government was examining a proposal to replace the US dollar with the Chinese yuan for trade between China and Pakistan.

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    Iraq and Iran sign Kirkuk oil swap deal

    Iraq has agreed to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil, Iraqi Oil Minister Jabar al-Luaibi has said.

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    Iran inaugurates first phase of Chabahar port

    Iranian President Hassan Rouhani on Sunday inaugurated the first phase of the country's strategic Chahbahar Port, opening up a transit route between Iran, Afghanistan and India that bypasses Pakistan, Tolo News reported.

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    China reluctant to cut off oil to North Korea

    The United States has renewed pressure on China to stop crude oil shipments to North Korea to close a crucial economic lifeline to the regime following its latest missile threat.

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    Oil Prices Could Double If Middle East Conflict Escalates

    Scarcity doesn’t really justify the upward price movement. There isn’t a shortage of oil in the world. But there could be, in the worst case, if missiles start flying between two of the world’s largest.

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    Trans-Pacific trade deal advances without United States

    Taking the agreement forward is a boost for the principle of multilateral trade pacts after U.S. President Donald Trump ditched the TPP early this year in favour of an “America First” policy he believes would save U.S.

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    Iran, Russia To Link Persian Gulf To Europe

    Iran, Azerbaijan and Russia Wednesday moved ahead on North-South international transport corridor announcing their plan of linking Persian Gulf port of Bandar Abbas to Helsinki in Finland.

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    The Rise Of The Petroyuan

    Since the 1970s, the oil trade has almost entirely been conducted in U.S. dollars, even when buyers and producers are not American. The ramifications of the dollar-denominated oil trade are immense:

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    The 5 Countries That Could Push Oil Prices Up 

    An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014.

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    Afghan president bans Pak trucks from entering Afghanistan

    Afghan President Ashraf Ghani has issued a decree banning Pakistani trucks from entering the country via the Torkham and Spin Boldak border crossings, Tolo News reported.

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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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