live Tanker struck by unknown projectile off Saudi Arabia
An unknown projectile struck a tanker 68 nautical miles northeast of Saudi Arabia on Friday according to a report released by the United Kingdom Ma...
The Azerbaijani government has extended the exemption from customs duties on importing aviation fuel until December 31, 2025.
Azerbaijani Prime Minister Ali Asadov signed the relevant decision on March 3, which will come into effect in 30 days.
The government initially exempted aviation fuel imports from customs duties on December 30, 2022, with the exemption set to last until December 31, 2023. This decision was then extended for an additional year, through December 31, 2024.
In a separate resolution, the government also decided to extend the excise tax rate of 1 manat ($0.59) per tonne for imported TS-1 aviation fuel, as well as other types of aviation fuel, until December 31, 2025. This resolution will also enter into force in 30 days.
The U.S. has banned government employees working in Saudi Arabia from using airports in the country without special authorisation. It comes after a deadly Houthi strike on Riyadh's King Khalid International Airport killed at least 13 people last week.
The Saudi-led coalition said early Thursday that it intercepted and destroyed a drone over Saudi Arabia’s Eastern Province.
U.S. President Donald Trump has called it “a disgrace” that Ukraine has resumed attacks on Russian oil refineries. Attacks are continuing from Russia and Ukraine as media reports say Ukraine has almost run out of Patriot interceptor missiles.
Ukraine is set to restart attacks on Russian oil refineries following a two-day pause, President Volodymyr Zelenskyy said, amid growing tensions with Washington over energy strikes and U.S. military support.
France is preparing for a fresh wave of nationwide demonstrations this weekend as rising living costs, education concerns and growing political tensions converge into one of the most significant protest movements seen in the country in recent years.
U.S. President Donald Trump has lifted sanctions on Russian diesel exports and announced a Russia-Ukraine energy ceasefire aimed at easing fuel prices ahead of November’s midterm elections. But can Moscow deliver and will the move will bring meaningful relief to markets?
Taiwan plans to buy 30 per cent of Alaska LNG's annual output and invest up to $4.4 billion in the project, but binding contracts and financing remain unresolved as the U.S. pushes to expand energy exports to Asia.
Asian stocks plunged to their lowest level in more than two months on Tuesday as advances by Chinese chipmakers rattled investor confidence in the artificial intelligence boom, despite soaring global semiconductor sales.
Artificial intelligence investment is helping sustain global growth at around 3 per cent, with Asia poised to reap major benefits. But soaring energy costs, unequal investment and growing pressure on young workers threaten to leave some economies behind.
Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.
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