The number of dead in a major earthquake that hit Iran’s western province of Kermanshah this month has risen to 483, official news agency IRNA said. The rise from a previous toll of 436 reported last week came after some people died from their injuries and authorities identified several dead who were buried in haste, […]
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Iran’s president on Sunday said his country would continue building weapons including developing missiles as the United States prepares new sanctions over its ballistic missile programme. “To defend our nation and territorial integrity, we will build all the weapons we will need,” Hassan Rouhani told parliament in statements broadcast on state television. Recent Iranian missile […]
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Over 90 foreign companies from 10 countries are participating in this year’s Nigeria’s 4 in 1 International Trade Expo, which holds in Lagos from July 13 to 15, 2017. According to the organiser, Elan Expo, it is the second edition of the International Trade Fair attended by 70 companies from across the globe last year. […]
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Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to extend output curbs to support prices, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Saturday. “The price range of $55 per barrel would be suitable for oil,” Zanganeh said, according to […]
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A car bomb tore through a gas station south of Baghdad on Thursday, killing at least 56 people, including 20 Iranians, in an attack claimed by the Islamic State group. Police and hospital officials confirmed the toll and said another 45 people were wounded in the attack, which destroyed the gas station and set several […]
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Oil on Friday fell by their biggest weekly percentage decline since January of around 9 percent as signs of tensions resurfaced between Saudi Arabia and Iran that could scupper a key supply cut pact. Traders also noted a surge in U.S. crude inventories last week and muted demand continued to weigh on futures. Old disputes […]
Read More Nigeria, which recently lost its Africa’s top oil producer status to Angola on the back of huge decline in its output, stands a chance of losing some of its traditional buyers to rival producers such as Iran and Saudi Arabia, industry experts have said. Following the spate of production disruptions largely caused by the recent […]
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