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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
October 29th, 2014 - 05:55 GMT

Not just refugees: Leading Syrian businessmen to establish center for rebuilding Syria

Al Bawaba
October 29th, 2014 - 02:08 GMT

Scapegoating or economic reality? Syrian refugees claim 91% of Jordanian private sector jobs

Brent is set to average $85 a barrel in the first quarter, down from a previous forecast of $100.
October 28th, 2014 - 05:56 GMT

A self-fulfilling prophecy? Not really. Goldman Sachs slashes oil price forecast, brings prices further down

Al Bawaba
October 28th, 2014 - 05:30 GMT

First Macy's outside the US to open in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

Al Bawaba
October 28th, 2014 - 04:50 GMT

A burst bubble? IMF says Dubai risk for property market crash mildens

In launching Apple Pay, the iPhone maker hopes to lock in more customers for its mobile devices by enhancing their overall utility.
October 28th, 2014 - 01:42 GMT

Apple CEO fires back as retailers block mobile payment service

Al Bawaba
October 28th, 2014 - 09:13 GMT

For first time since the downfall of Baghdad, Iraq's economy is set to shrink

Al Bawaba
October 28th, 2014 - 04:55 GMT

Keep calm and carry on? IMF says GCC economies set to grow 4.5% in 2014-2015

Al Bawaba
October 28th, 2014 - 04:55 GMT

From forgery to visa problems: 100 Saudi students expelled from US universities each year

Iraq's oil supplies were held back by decades of war and sanction
October 27th, 2014 - 07:42 GMT

What IS? Iraq oil exports undettered by regional turmoil

Oil prices have fallen by a quarter since June as excess supply and weaker demand create a glut on world markets.
October 27th, 2014 - 05:51 GMT

Staying positive: Gulf countries 'upbeat' despite oil price crash

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