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Turkiye halts transit of western commodities to Russia
Prominent Turkish exporter disclosed that commodities from the EU, US, and UK were prohibited to be sent to Russia as of 1 March
Mar 21, 2023
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Who is looting Yemen’s oil, and where does it all go?
There is a hidden war being waged against Yemen, a multinational assault against the country's vital natural resources. For years, foreign states and companies have engaged in the illicit plundering of Yemen's oil and gas - war profiteering in the poorest nation in West Asia.
Jun 03, 2023
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Russian oil floods global markets via major Asian intermediaries
Despite western sanctions, there is more Russian fuel being exported around the world than before the Ukraine crisis. It's just coming via Saudi Arabia, India, China, and other trading states – with steep commissions.
May 04, 2023
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De-dollarization kicks into high gear
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
Apr 27, 2023
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The historic US-Saudi relationship cannot bounce back
US imports of Saudi oil are at historic lows, Chinese purchases of Saudi oil continue to grow, and Russian-Saudi energy interests have fully converged. If it's 'all about the economy,' then Saudi-US ties may never quite recover.
Apr 25, 2023
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US imposes sanctions on UAE, Turkish-based entities
The US Treasury also accused the 120 sanctioned entities of violating their export controls
Apr 13, 2023
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Iran and Saudi Arabia: a Chinese win-win
The single Iranian-Saudi handshake buried trillions of dollars of western divide-and-rule investments across West Asia, and has global leaders rushing to Beijing for global solutions.
Apr 07, 2023
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Iran appoints ambassador to UAE after eight years
Reza Ameri previously served as Tehran's ambassador to Sudan, Algeria, and Eritrea
Apr 05, 2023
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Qatar enters Iraq’s energy sector, but risks abound
Qatar's investment in Iraq's energy sector has the potential to transform Persian Gulf geo-economic dynamics, but Iraq's political instability continues to pose major risks for large investors across the board.
Mar 30, 2023
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BP, Emirati oil giant looking to buy half of Israeli gas firm
Emirati-Israeli cooperation continues to move forward in the fields of both trade and energy
Mar 28, 2023
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Israel, UAE sign free trade agreement
The agreement would remove or reduce tariffs on 96 percent of commodities traded between Tel Aviv and Abu Dhabi
Mar 27, 2023
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In Moscow, Xi and Putin bury Pax Americana
In Moscow this week, the Chinese and Russian leaders revealed their joint commitment to redesign the global order, an undertaking that has 'not been seen in 100 years.'
Mar 22, 2023
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Sergey Glazyev: ‘The road to financial multipolarity will be long and rocky’
In an exclusive interview with The Cradle, Russia's top macroeconomics strategist criticizes Moscow's slow pace of financial reform and warns there will be no new global currency without Beijing.
Mar 13, 2023
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Iran proposes creation of joint bank with African states
During a conference with representatives from West African states, the Iranian president stressed that, unlike the west, Tehran is interested in Africa's 'welfare and development'
Mar 07, 2023
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Israel set to export food to Egypt as part of new trade agreement
This agreement was established as Egypt faces a decline in its national currency and food shortages
Mar 06, 2023
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India, UAE seek rupee-dirham trade deal: Report
The bilateral trade between the UAE and India rose to $57.8bn between April and November 2022
Feb 28, 2023
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Washington’s Dollar-and-Stick ploy with Iraq
Iraqi officials are in Washington to discuss “economic reforms” but are in fact being pressured to shun Iranian energy imports in the hope of having US sanctions and dollar rations lifted.
Feb 16, 2023
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US sanctions on Iran violate international law: UN experts
US-imposed sanctions on Iran continue to harm Iran's civilian population
Feb 15, 2023
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The Big Stiff: Russia-Iran dump the dollar
News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization.  
Feb 09, 2023
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Syria under the American whip: Sanctions that kill
The western sanctions weapon is not new to Syria, but since 2019 it has become a lethal one, destroying entire Syrian sectors and killing its people.
Feb 06, 2023
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Saudi Arabia raises oil prices for Asia, EU, US unexpectedly
The kingdom essentially increased the price for EU buyers by $2 a barrel, and 20 cents for US customers
Feb 06, 2023
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US blacklists more Iranian companies, cites drone sales to Russia
More than 22 countries have inquired about the possibility to purchase Iran's attack drones
Jan 31, 2023
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Commercial trucks allowed to cross through Iraqi-Syrian border
Since 2020, commercial trucks carrying commodities have been barred from crossing through the two countries' shared border
Jan 24, 2023
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UAE, India discuss settling non-oil trade in rupees: Report
China also considered settling non-oil trade in local currencies that do not include the dollar
Jan 19, 2023
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Kuwait plans to increase diesel exports to EU
Kuwait City expects to raise its gas exports to Europe by fivefold this year compared to 2022, hoping to deliver 2.5 million tons worth of diesel annually
Jan 09, 2023
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Chinese companies sign oil extraction deal with Taliban government
This marks the first time the Taliban administration signs a public commodities deal with a foreign nation since its assumption of power in 2021
Jan 05, 2023
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Iran, China fix diplomatic blunder following Xi’s Saudi visit
Tehran takes a hard stand as Xi Jinping discovers the Persian Gulf can be a diplomatic minefield.
Dec 28, 2022
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Syria calls on UN to prevent further Israeli attacks
Israel has launched several attacks against Damascus, which Tel Aviv claims are aimed at targets of Iranian-backed militias
Dec 22, 2022
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Xi of Arabia and the petroyuan drive
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.
Dec 16, 2022
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UAE companies sign $6 billion construction agreement with Sudan
The project entails the construction of the Abu Amama port on the Red Sea, which will include an agricultural and economic zone, as well as an airport
Dec 13, 2022
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