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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Al Bawaba
November 16th, 2014 - 10:03 GMT

Innovation is the buzzword that could help the UAE’s development

Al Bawaba
November 16th, 2014 - 08:45 GMT

Dubai’s top construction firm Drake & Skull profits drop in Q3

Al Bawaba
November 16th, 2014 - 08:17 GMT

Jordan Mines Co profits rise to $32.5 million in 2014

Al Bawaba
November 16th, 2014 - 07:59 GMT

Etihad flying high after becoming largest shareholder in Alitalia

Al Bawaba
November 16th, 2014 - 07:30 GMT

Saudi Build 2014 deemed success after four day convention

Al Bawaba
November 16th, 2014 - 06:54 GMT

Australian PM Tony Abbott promises $2 trillion to meet global GDP target at G20

Russia faces a 70 percent chance of recession in the next 12 months, economists project.
November 16th, 2014 - 04:55 GMT

Believe it or not, Apple could swallow Russia's entire stock market

Shareholders' equity totalled JD771 million at the end of September 2014, higher than the JD762.3 million as of December 31, 2013.
November 16th, 2014 - 04:55 GMT

Back in the game? Jordan's Phosphate Mines Company no longer making a loss

Kuwait plans more than $40 billion of investment to significantly increase its capacity to produce oil and gas
November 14th, 2014 - 12:39 GMT

Counting on fading demand? Kuwait to invest $40 billion in oil and gas projects

Al Bawaba
November 13th, 2014 - 03:39 GMT

From refugees to workers: Turkey to grant Syrians work permits

Oil in October fell below $83 a barrel and on Tuesday reached $80.46, its lowest since 2010.
November 13th, 2014 - 04:55 GMT

Giving in? OPEC finally admits reduced oil demand in 2015

Al Bawaba
November 12th, 2014 - 09:07 GMT

Real estate sales in Kuwait sky rocket to $1.27 billion

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