Iran to launch major air defence system Velayat 5; MRPL preparing to resume oil imports from Iran
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    • (JULY 1-7)

    According to reports, the commander of the Khatam-ol-Anbiya Air Defense Base, Brigadier General Farzad Esmaeili said that Iran would stage a major air defense exercise, entitled the Defenders of the Sky of Velayat 5, in the second half of the current Iranian calendar year, which started on March 21. He also mentioned that domestically manufactured Hazem radar-evading UAVs (unmanned aerial vehicles) would be used in the war games. 1

    In another development, according to reports, Mangalore Refinery and Petrochemicals (MRPL) is preparing to resume oil imports from Iran, after stopping in April, having secured local reinsurance for claims of up to 5 billion rupees, its managing director said. MRPL which was Iran's top Indian client, halted imports because local insurers said they could no longer cover plants that process Iranian crude. 2

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