Iran's mediation effort welcomed
Kaan Soyak, co-chairman of the Turkey-Armenia business development council, welcomed Iran's proposal to mediate between Ankara and Yerevan. Pointing out to the fact that Turkey and Armenia are on the brink of a breakthrough, Soyak said for the first time regional countries and the Minsk group (the United States, Russia and France) are all agreed on the need for peace between the two countries.
ANK � Anatolia News Agency

Turkey sends humanitarian aid to Iraq
The Turkish Red Crescent has sent humanitarian aid to Iraq following the explosion in the northern Iraqi town of Tal Afar on July 16. The convoy carrying 60 tons of humanitarian aid arrived in Iraq Sunday. Seven Red Crescent personnel will hand over four truckloads of foodstuff to Iraqi Red Crescent officials and the Turkish Consulate in Mosul.
ANK � Anatolia News Agency

Russian firm acquires Turkish oil product retailer
Russia's second-largest oil producer LUKOIL has acquired 100 percent of Turkish firm Akpet, which accounts for about 5 percent of Turkey's oil retail market, the company said yesterday. LUKOIL said the deal gives it access to eight oil product terminals, five liquefied natural gas (LNG) storage tanks and three jet fuel terminals.
MOSCOW - Reuters