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Raeisi: Development of Abadan oil refinery symbol of ‘we can’ despite sanctions

Iranian President Ebrahim Raeisi inaugurates the first phase of the second development plan of Abadan oil refinery in southwestern Iran near the coast of the Persian Gulf.

Iran-Raeisi-Abadan oil refinery

BUSINESS

Russian crude oil heads to UAE as sanctions divert flows

Tanker tracking data show US sanctions have caused a spike in Russian oil supplies to the UAE.

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