live Iran ties Hormuz reopening to U.S. concessions on several demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
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.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
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