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Azerbaijan Diverts EU Oil to Russia, Iran

TEHRAN (FNA)- Azerbaijan is sticking to plans to reduce oil exports to the EU and increase shipments to Russia and Iran, as the South Caucasus country – home to another Russia-influenced frozen conflict in Nagorno-Karabakh – seeks to spread risk.

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OPEC Sept Oil Supply to Fall

TEHRAN (FNA)- OPEC’s oil supply is expected to fall sharply in September because of lower output from members including Saudi Arabia and Iran, industry consultant Petrologistics said on Wednesday.

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