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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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    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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