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Iraq finalizes $8 billion Fao refinery deal

China's CNCEC has signed a contract for the 300,000 bpd refinery. The total price could rise to $20 billion with the construction of a petrochemical plant and power plant.

Iran s Cabinet holds emergency meeting after president s death

President Ebrahim Raisi dies in a helicopter crash in Iran s East Azerbaijan province, leading to condolences from Pakistan and Iraq. Houthi leader mourns, highlighting Iran s support in Yemen conflict against Saudi-led coalition. The crash may have implications on Middle East tensions.

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