Oman’s Daily Oil Output Tops 1 Million Barrels for First Time

Oman, the biggest oil producer in the Middle East outside OPEC, said its crude and condensate production in July exceeded 1 million barrels a day for the first time.

Iran offers special exchange rate to lure commerce

TEHRAN, Iran (AP) -- Iran's central bank is allowing most importers to buy local currency at half the former official price as part of attempts to attract investors to an economy battered by Western sanctions.

Rising middle class brings retail boom to Russia

MOSCOW — Shoppers who find that 250 stores aren't enough can go ice skating, watch movies or even ride a carousel, all under a single roof. While it sounds like the Mall of America, this mall is outside Moscow, not Minneapolis.