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Iran will soon launch 32 oil industry projects worth a total investment of $4.6 billion, Iranian Petroleum Minister Jawad Owji said on Wednesday. Iran has also begun work on 50 new oil projects worth a total of over $50 billion, Iranian media quoted Owji as saying. Since 2021, Iran has boosted its oil production by 60%, the oil minister said earlier in May. ...
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Since 1980, there have been 383 extreme weather or climate disasters where the damages reached at least $1 billion. In total, these disasters have cost more than $2.7 trillion. Created in partnership with the National Public Utilities Council, this chart shows how these disasters have been increasing with each passing decade. A Growing Concern: The U.S. ...