Iran Calls U.S. Efforts to cut its Oil Exports to Zero ‘Political Bluff’ i

Statements by the United States that it would reduce Iran’s oil exports to zero are a “political bluff”, the head of state-run National Iranian Oil Company (NIOC) said, according to a report published by Tasnim news agency on Wednesday. Iran’s Foreign Ministry also criticized U.S. sanctions imposed on Tuesday on several Iranian banks and other
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Merchandise exports in September 2018 exhibited a positive growth of 9.65 per cent in rupee terms. In dollar terms, there was a marginal negative growth in merchandise exports of 2.15 per cent in September 2018. This decline is entirely due to the base effect resulting from September 2017 being an abnormally high growth month of
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NEW DELHI: Mid-year assessment of the first six months of this financial year shows that exports are growing in a healthy manner to build on the export growth seen in 2016-17 and 2017-18. In the first six months ( April-September 2018 ), merchandise exports exhibited a positive growth of 19.93 per cent in Rupee terms
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China’s aluminum exports fell slightly in September from the previous month as a narrowing price arbitrage to international markets reduced the incentive to ship metal overseas, while steel shipments edged higher. China’s unwrought aluminum and aluminum product exports were 507,000 tonnes last month, the General Administration of Customs said on Friday, up 37 percent from
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NEW DELHI: Commerce and Industry Minister Suresh Prabhu has written to Finance Minister Arun Jaitley seeking higher export incentives to promote trade of agricultural products under the Merchandise Exports from India Scheme (MEIS) as well as additional outlay for a scheme to boost services exports whose growth has slowed in the current fiscal. The Ministry
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China’s vast export engine unexpectedly kicked into higher gear in September, producing a record trade surplus with the United States that could exacerbate the already-heated dispute between Beijing and Washington. Analysts said last month’s strong export growth – which might indicate U.S. tariffs are not biting much yet – is unlikely to be sustained. But
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Brazilian coffee exporters shipped 2.73 million 60-kg bags of coffee abroad in September, 27 percent more than a year earlier, but a lack of container space in ships prevented larger volumes as the country sells a record crop. Coffee exporters association Cecafé said on Wednesday that some exporters had to delay loading of coffee at
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China’s export growth is expected to have further slowed in September, weighed down by a faster decline in orders as an intensifying trade war with the United States starts to hurt Chinese shipments, a Reuters poll showed. Import growth also likely came off recent highs, which would be a worrying sign for Chinese policymakers counting
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The export volumes are expected to rise to 2.2 million barrels a day in 2019 and hit 3.9 million barrels a day by 2020, according to a new report by research firm S&P Global Platts. The increasing crude oil exports will be linked to continued oil production growth in U.S. shale oil fields, particularly the
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NEW DELHI: Exports of fish from India are expected to grow by 61.2 per cent by 2030 as the bulk of the perishable item shipped will originate from Asian Countries. According to a report by Food and Agriculture Organization of the United Nations titled ‘The State of World Fisheries and Aquaculture’, Indian exports of the
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