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Qatar, UAE Extend oil Field Concession to Japan Amid Crisis

Qatar and the United Arab Emirates have each extended a concession to an offshore oil field they share to a Japanese consortium despite a diplomatic crisis between the two of them tearing at the region. Both Qatar and the UAE on Tuesday acknowledged the extension of the concession at the al-Bunduq offshore field in the Persian Gulf, which the two countries have equally shared since 1969. But even what should be a routine concession ran up against the ongoing boycott of Qatar by the...

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