Middle Orient

Egypt says Turkey must lay ground for normalising ties with actions

Turkey’s actions must show alignment with Egypt’s principles and goals for relations between the two countries to return to normal, Egyptian Foreign Minister Sameh Shoukry said on Sunday. Shoukry confirmed contacts between Cairo and Ankara after years of tensions but indicated that dialogue was limited.

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Brent crude floats near $70 on demand recovery anticipation

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major producers and optimism about global economic and fuel demand recovery in the second half of the year. Brent crude futures for May gained 50 cents, or 0.72%, to $69.72 a …

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IRGC Commander Stresses Failure of Economic War against Iran

Commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami said on Sunday that the US sanctions and economic war against Iran have all failed, stressing the major role played by Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei in the Iranian nation’s victory. “The country …

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Iran rejects the American accusations of the recent attacks on US bases in Iraq

Iran has rejected the accusations leveled against it by the United States of being behind the recent attacks on US bases in Iraq. Iran’s representative to the United Nations, Majid Takht Rawanji, stressed in a message sent on Monday to the Secretary-General of the United Nations, António Guterres, and the …

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Russian Forces Take Over Two Oil, Gas Fields in Northeast Syria

Russian forces on Saturday took control over the al-Thawra oil facility, located in southwest Raqqa governorate in northeastern Syria, after the Iran-aligned Liwa Fatemiyoun militia having withdrawn from the site. This follows Russian forces imposing their control of the Toueinane gas field in Raqqa’s countryside on Friday. Russian military reinforcements …

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OPEC: Iran’s Crude Oil Output Grows in February

The OPEC report added that Iran’s oil production rose by 35,000 barrels per day to 2.12 million bpd in February, adding that the country’s heavy crude oil price also grew in February from $6.28 to $60.66 per barrel. According to the report, OPEC crude oil production in February dropped by …

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Iran’s Cargo Ship Attacked in Mediterranean

Iran’s cargo ship Shahr-e Kord was attacked in the international waters of the Mediterranean on Wednesday, Spokesman for the Iranian Shipping Company Ali Ghiasian said, adding that part of the vessel was damaged in the terrorist attack. Ghiasian said on Friday that the Shahr-e Kord cargo ship, belonging to the …

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Dinar/Dollar hovers near yesterday’s levels amid market closure in Baghdad and Erbil

Central Markets in Baghdad halted the exchange today, Saturday, amid the weekly lockdown measures imposed during the weekends. However, Shafaq News Agency correspondent knew that some local exchange shops were exchanging at 146,000 and 145,000 dinars per 100 dollars for selling and buying, respectively. The official market in Erbil was …

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