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Iran proposes construction of oil refinery in Algeciras, Spain

2016-01-19 01:00:00| Hydrocarbons Technology

Iran is reportedly planning to construct an oil refinery in the Spanish port city of Algeciras, a day after the US and European Union lifted international nuclear sanctions against the country.

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Oil prices fall below $28 after lifting of Iran sanctions

2016-01-19 01:00:00| Offshore Technology

Oil prices have fallen below $28 per barrel after the US and European Union lifted economic sanctions against Iran, which threatens to add to the global oversupply with Iranian export resuming.

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Daimler's truck business to return to Iran as sanctions lift

2016-01-18 12:13:13| Auto Dealers - Topix.net

Daimler AG says its truck business is returning to Iran as Berlin and Tehran look at restoring economic ties after a landmark deal to curb Iran's nuclear activities led to the lifting of sanctions. Stuttgart-based Daimler announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group to arrange a "comprehensive re-entry" into the country where Daimler started doing business in the 1950s.

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Daimler's truck business to return to Iran as sanctions lift

2016-01-18 11:49:16| Automakers - Topix.net

" Daimler AG's truck business is returning to Iran after a landmark deal to curb Tehran's nuclear activities led to the lifting of economic sanctions. The German company announced Monday that it had signed letters of intent with local partners Iran Khodro Diesel and Mammut Group.

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Lifting of sanctions paves way for expanded shipping business in Iran

2016-01-18 01:00:00| Ship Technology

The US and the EU have withdrawn sanctions imposed on Iran, paving the way for trade relations with the Middle-Eastern country.

Tags: business shipping expanded iran

 

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