live Hopes for Hormuz deal fade as Trump adds new demands to Iran peace talks
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
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.
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.
One hundred years after the First World War and more than eighty years after the devastation of the Second World War gave rise to the United Nations, humanity once again finds itself living in an age of permanent crisis.
For months, efforts to secure the Red Sea have focused on what is happening in the water. Naval deployments have increased, governments have expanded maritime cooperation and shipping companies have adapted to persistent security threats.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
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.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
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