Coronavirus outbreak
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Oil prices extend gains after U.S. inventory drop
Oil prices rose on Wednesday, with U.S. crude gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic.
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Iran, Turkey discuss ways to promote bilateral trade; Iranian official
The head of Iran-Turkey joint chamber of commerce Mehrdad Sa'adat Dehqan announced that despite the coronavirus outbreak, Iran's exports to Turkey have increased.
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Zarif terms Iran-Turkey ties as "so close" in various areas
Iran's Foreign Minister Mohammad Javad Zarif said that Tehran and Ankara have good and "so close" ties in various fields and that he will discuss resumption of post-COVID-19 economic exchanges with Turkish officials during his visit to the country.
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US-Iran tensions is going to get worse; Former EU official
“International sanctions against Iran are related mainly to the Iranian nuclear program. European countries do not apply to humanitarian and health assistance, a Belgian diplomat told ILNA.
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Asian shares fall on fresh rout in crude prices
Asian shares and U.S. stock futures dipped into the red on Tuesday, erasing earlier gains as a renewed decline in oil prices overshadowed optimism about the easing of coronavirus-related restrictions seen globally.
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U.S. senators press Saudi officials to put oil cut in motion
Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.
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Trump says China's coronavirus numbers seem 'on the light side'
U.S. President Donald Trump said on Wednesday the coronavirus statistics China was reporting seemed “a little bit on the light side,” while his national security adviser said Washington had no way of knowing if Beijing’s figures were accurate.
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Social distancing plan to be implemented in Iran
Iran's Minister of Health and Medical Education Saeed Namaki announced the implementation of the Intelligent Social Distancing Plan to be launched after April 8.
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Ex-Syrian official emphasized the importance of Syria and UAE Leaders calls, a Thaw in Relations
“The UAE's de facto ruler and Syrian President Bashar Al-Assad recent phone call could be facilitate two countries relations”, a former member of the Syrian parliament Misa Al Saleh told ILNA.
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Iran envoy urges all states to defy US sanctions
Iran's Permanent Ambassador to the United Nations in New York Majid Takht Ravanchi said on Wednesday that the US fails to heed the UN officials call for removal of sanctions, urging all states to defy the US sanctions on Iran.