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IRAN UNITED ARAB EMIRATES

National Iranian Oil Company's attempt to shrink $2.4bn Crescent Petroleum fine

In its dispute with Crescent Petroleum, the National Iranian Oil Company presented a new line of defence before the British court handling the case. It was hoping to have the fee it owes the UAE junior oil company cut by half. [...] (452 words)
Published on 05/12/2022 at 06:00 GMT Reading time 2 minutes

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