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Grain traders lining up for Iran business

ECONOMY

Grain traders lining up for Iran business

A new Bloomberg report says world’s major grain traders are standing in line to start business in Iran after international sanctions against the country are removed.

Russia: Oil prices mar barter plan with Iran

ENERGY

Russia: Oil prices mar barter plan with Iran

An oil-for-assets barter deal between Iran and Russia is still in force but low oil prices are preventing them from implementing the arrangement, a Russian official says.