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EU renews Russia sanctions

EU

EU renews Russia sanctions

The EU extends sanctions on Russia to mount pressure on Moscow over the crisis in Ukraine.

Iran, Russia finalizing oil-for-power deal

ECONOMY

Iran, Russia finalizing oil-for-power deal

Russian officials are in Tehran for final talks on a multibillion-dollar agreement which includes sales of Iranian oil to that country in exchange for electricity, the Mehr news agency reported on Monday.