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Belarus purchases first ever oil cargo from Iran

ENERGY

Belarus purchases first ever oil cargo from Iran

Reports say Belarus has purchased its first ever cargo of crude oil from Iran, a fresh sign that shows how the Islamic Republic is already extending its reach to consumption markets in northern Europe.

Iran announces leasing deal for 77 new planes

ECONOMY

Iran announces leasing deal for 77 new planes

Iran says it has reached a final deal with a foreign leasing enterprise to finance the country’s purchases of 77 new planes from global aviation giants Boeing and Airbus.

EU reports huge rise in Iran steel imports

ECONOMY

EU reports huge rise in Iran steel imports

Figures show that Iran’s exports of steel to Europe have increased by about eight times over the past three years and that the country is now the third largest exporter to the EU after China and India.