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COMMENT: The Saudi-Iran rapprochement will lead to lower tensions in the Middle East, but rivalries remain

14 March 2023

Saudi Arabia and Iran agreed to restore diplomatic ties on March 10, bringing an end to seven years of conflict between the two nations in a deal brokered by China that is expected to have wide-ranging consequences.

Iran offering crude, gas and condensate on IRENEX

14 March 2023

Iranian Oil Minister Javad Owji said at the weekend that crude oil and gas condensates would be sold to foreign customers on the Iran Energy Exchange (IRENEX). They would be available to domestic buyers at the same price during a particular period.

Mongolia’s giant Oyu-Tolgoi copper-gold underground mine starting operations

13 March 2023

If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.

Awkward embrace as Iran and Saudi Arabia seal deal on restoring relations brokered by China

10 March 2023

Agreement could have implications on reviving nuclear deal and could even help build ties between Moscow, Beijing, Tehran and Riyadh.

Latest mass missile attack kills at least six civilians in Ukraine and cuts off Zaporizhzhia NPP

10 March 2023

Russia launched its first mass missile attack since mid-February, killing at least six people and causing blackouts across the country on March 9.