Iran is 'open' to talks on Strait of Hormuz, Iranian FM says - Middle East conflict on 15 March
Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues ...
Gazprom has signed new agreements with its Chinese partners to support the launch and operation of the cross-border section of the Far Eastern gas export pipeline to China.
The documents were signed in the presence of Alexey Miller, Chairman of the Gazprom Management Committee at the St. Petersburg International Economic Forum (SPIEF) 2025.
A strategic cooperation between Russia and China in gas sector was discussed during the Alexey Miller and Ding Xuexiang, Vice Premier of the State Council of the People’s Republic of China. It was noted that the overall exports of Russian pipeline gas have already exceeded 100 billion cubic meters since the start of supplies to China.
They reviewed the progress of the project for the Far Eastern route and stated that the gas supplies via the route are scheduled to begin in 2027.
The agreements—covering operational control and technical maintenance —were signed with China National Petroleum Corporation (CNPC) and PipeChina.
According to Gazprom, the agreements outline cooperation during the launch phase and subsequent operation of the pipeline’s cross-border segment, which will cross the Ussuri River near Dalnerechensk (Russia) and Hulin (China).
This follows the long-term Sales and Purchase Agreement signed in February 2022 between Gazprom and CNPC for gas deliveries via the Far Eastern route. Once fully operational, the project will add 10 billion cubic meters of Russian pipeline gas exports to China annually.
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A widening conflict involving Iran, the United States and Israel has triggered escalating military strikes across the Middle East, disrupted shipping through the strategic Strait of Hormuz and raised concerns over global energy supplies. This live report tracks the latest developments.
Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
North Korea fired what appeared to be a ballistic missile on Saturday (14 March), Japanese and South Korean officials said. The development comes amid the joint annual U.S.-South Korea "Freedom Shield" military drills and South Korean Prime Minister Kim Min-seok's visit to Washington.
Ukrainian drones struck an oil refinery and a key port in Russia’s southern Krasnodar region overnight (13-14 March), local authorities said, causing injuries and damage. In separate action, Russian air attacks on Ukrainian territory killed and wounded civilians near Kyiv, officials reported.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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