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Iran, China, Indonesia finalize refinery deal

ENERGY

Iran, China, Indonesia finalize refinery deal

Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.

878k people flee Ukraine: UN

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878k people flee Ukraine: UN

The UN releases data showing around 878,000 people have fled Ukraine, with 1.3 million internally displaced.

Iran, Russia step up trans-Caspian trade

ECONOMY

Iran, Russia step up trans-Caspian trade

Iran has prepared three ports in the Caspian Sea and added six ships to its fleet for cargo trade with Russia as the two countries are forging stepped-up commercial relationship to counter Western sanctions on both countries.