Iran oil exports to China dip
Iran’s crude oil exports to China fell sharply in May amid tighter US sanctions imposed under President Donald Trump’s so-called “maximum pressure campaign” aimed at curbing Tehran’s oil shipments.
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Welcome back to Al-Monitor Business and Tech.
This week, we look at the role Turkey will play in Syria’s economic reconstruction in light of recent deals signed between Turkish companies and Damascus, including one to expand the country’s power grid by 5,000 megawatts. Turkey also saw its inflation cool to 35.41% in May, its lowest rate since November 2021. All that and more in this week’s newsletter.
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