Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
In today’s Prime Time, we covered the following conversations: Azerbaijan has shipped petroleum products to Armenia by rail for the first time in decades, marking a significant step toward economic cooperation and regional integration in the South Caucasus.
The shipment, which left on Thursday, included 22 railway tank wagons carrying 1,220 metric tons of RON 95 gasoline, produced by Azerbaijan’s state-owned oil company SOCAR.
The delivery follows a bilateral agreement reached on 28 November in Gabala between Azerbaijan’s Deputy Prime Minister Shahin Mustafayev and Armenia’s Deputy Prime Minister Mayor Gregorian. Observers have hailed the shipment as a tangible example of turning political commitments into practical cooperation.
“This is the first time since the collapse of the Soviet Union that direct energy trade has resumed between the two former wartime countries,” said Anastasia Lavrina, speaking on AnewZ. “The shipment signals a revival of practical regional connectivity and underscores Azerbaijan’s role as a reliable energy partner in the region.”
The agreement, which also involves Georgia as a transit country, stipulates that the first transit cargo will be shipped free of charge. Future deliveries will be negotiated for appropriate pricing, in line with international standards.
Although the initial shipment is modest in scale, experts say it carries wider significance. “Even small quantities of fuel are important for Armenia,” Lavrina explained. “It provides a degree of energy diversification, which is critical given that over 60% of Armenia’s energy supply has historically relied on Russia. While Azerbaijan is not replacing Russia entirely, this cooperation creates alternative options and strengthens regional ties.”
Beyond energy security, analysts highlight that the move could strengthen trade links, improve regional transport connections, and encourage further economic cooperation between Azerbaijan, Armenia, and neighboring countries. The development is also seen as a positive signal to the international community, demonstrating that the post-war peace process is moving from words and declarations to tangible actions.
“This historic shipment benefits not only Azerbaijan but also Armenia,” Lavrina said. “It has the potential to positively impact Armenian society, the economy, and the broader political landscape, while setting a precedent for increased regional integration in the South Caucasus.”
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Twenty-five years after the September 11 attacks drew the U.S. into Afghanistan, the Taliban is seeking a new relationship with Washington built on diplomacy, investment and trade, despite deep divisions between the former enemies.
On 12 August, AnewZ’s Daybreak focused on the aftermath of Colombia’s devastating earthquake, tensions surrounding Iran and the Strait of Hormuz, growing Russia-North Korea military cooperation and security and environmental challenges across the Caspian and Black Sea regions.
On 11 August, AnewZ’s Daybreak examined U.S. President Donald Trump’s new demands for Iran, Russia-Iran cooperation and regional connectivity through the South Caucasus alongside key political, security and climate developments worldwide.
On 10 August, AnewZ’s Daybreak focused on developments in Gaza, Lebanon-Israel negotiations, Iran’s position on talks with Washington and the latest global security and climate-related challenges.
On 7 August, AnewZ's Daybreak focused on the Iran war, escalating violence in Yemen and a deadly migrant crisis in Spain's Ceuta enclave.
The 8 August commemorative edition of AnewZ's Context looked back on the year since the Washington breakthrough, examining how the initialling of the Azerbaijan-Armenia peace agreement and the launch of the Trump Route for International Peace and Prosperity have reshaped regional politics.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment