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Beset by hardship, Iranians losing hope for futureAs prices of food, water and electricity rise further beyond reach, struggling Iranians are losing belief in their pragmatic president, Hassan Rouhani, and his promise of a brighter future. The country has been hit by the double h More… |
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Russia seeks new energy partnersMoscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, Energy Minister Alexander Novak said. The sanctions over Russia's role in the More… |
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Russia state fund sees ME demand despite sanctionsThe Russian Direct Investment Fund (RDIF) is still attracting significant interest from investors in the Middle East and Asia despite sanctions putting off investment from the West, its chief executive said on Thursday. Many Weste More… |
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UN sanctions Saleh, two Yemeni rebel leadersThe United Nations Security Council imposed targeted sanctions on Friday on Yemen's former President Ali Abdullah Saleh and two senior Houthi rebel leaders for threatening the peace and stability of the country and obstructing the political More… |
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US weighs sanctions on Libyan factions to halt proxy warThe United States is considering imposing sanctions on Libya's combative factions to prevent a proxy conflict fueled by regional powers from erupting into full-blown civil war and to force militant leaders to negotiate, US officials said. More… |
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EU lifts sanctions on Iran’s top oil tankerEuropean Union sanctions on Iran's main oil tanker firm NITC have been annulled after the EU failed to appeal against a court ruling that ordered the measures to be lifted, the shipping company said on Tuesday. An EU official More… |
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US, EU hit Russia with more Ukraine sanctionsThe United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east. More… |
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Rise in Iran oil storage to help export flexibilityA substantial increase in Iranian oil storage capacity will give the sanctions-hit country more flexibility to export crude, the International Energy Agency (IEA) said on Thursday. The United States and the European Union have imp More… |
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US prepares new round of sanctions on RussiaThe United States is preparing a new round of economic sanctions against Russia for its incursion into Ukraine, a senior White House official said on Thursday on the fringes of a Nato summit in Wales. Deputy White House national s More… |
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Iran oil minister vows to bypass sanctionsIranian Oil Minister Bijan Zanganeh said Tehran would continue to bypass sanctions after the US penalised a number of companies for violating sanctions imposed on Iran, mostly in connection with its nuclear programme. On Friday, the US More… |
