0339 GMT September 25, 2018
UK growth forecast trimmed by British Chambers of Commerce
The British Chambers of Commerce (BCC) has lowered its UK growth forecast, and warns by 2020 the economy will have experienced its second-weakest decade.
Iraq oil production to be ‘squeezed for next decade’
Growth in Iraqi oil production will be squeezed for the next decade despite the country being the second largest OPEC producer after Saudi Arabia and the fourth biggest in the world, according to a report by US consultancy IHS Markit.
Export ban on Iran could mean a hot winter for oil
Winter is coming, and the oil market is starting to look pretty tight.
Afghanistan rejects ban on imports from Iran
An Afghan official dismissed on Sunday some recent reports that Afghanistan has prohibited imports from Iran.
Bosnian traders call for broadening ties with Iran
Bosnian traders in a meeting with Iranian Ambassador to Sarajevo Mahmoud Heidari called for expansion of mutual economic cooperation.
Iran, Turkey to establish joint bank to promote trade ties
The head of Iran-Turkey Business Council proposed the establishment of a joint bank in line with the agreements on bilateral trade between the two neighboring nations using national currencies.
IMIDRO to launch projects worth $3.7b by mid-March, 2019
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will launch $3.7 billion worth of projects by March 20, 2019.
South Korean August imports of Iran top 55,000 bpd
In August, South Korea imported 232,723 tons of Iranian crude, or 55,028 barrels per day (bpd), customs data showed on Saturday.
Iran exports over 4m tons of condensate in five months
Iran exported 4.17 million tons of gas condensate worth $2.17 billion during the first five months of the current Iranian year (March 21-August 22), the Iranian Customs Administration data showed.
Iran: Saudi Arabia, Russia have taken oil market 'hostage'
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as US President Donald Trump seeks to impose fresh sanctions on Iranian oil sales.
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