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Russian wheat prices follow global benchmarks lower

Prices of Russian wheat exports fell last week after a higher than expected U.S. Department of Agriculture (USDA) estimate of this year's U.S. corn crop caused a sharp slide in Chicago grain futures, a global benchmark for the market, analysts said.

Iran seizes Iraqi oil tanker smuggling fuel in Gulf - TV

Iranian Revolutionary Guards seized an Iraqi oil tanker in the Gulf which they said was smuggling fuel and detained seven crewmen, Iran's state media reported on Sunday, in a show of power amid heightened tension with the West.

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