live Iran reopens Hormuz Strait, demands end to U.S. naval blockade- Saturday 18 April
Iran temporarily reopened the Strait of Hormuz on Friday (17 April) following a ceasefire agreement in Lebanon, ra...
Turkmenistan’s state oil concern “Türkmennebit” surpassed its oil production plan by 7.1% in the first quarter of 2025, achieving a fulfilment rate of 107.1%.
Deputy Chairman of the Cabinet of Ministers Batyr Amanov announced the figures during a government meeting chaired by President Serdar Berdimuhamedov via digital platform, according to the State News Agency of Turkmenistan.
The report highlighted positive trends across Turkmenistan’s fuel and energy sector. Oil refining also met 107.1% of its target, gasoline production 102%, diesel fuel 100.8%, polypropylene 100.1%, and lubricants 100.4%. Notably, liquefied gas production saw a growth rate of 117.9%, while natural and associated gas output exceeded plans by 4.8%.
President Berdimuhamedov underscored the strategic importance of boosting oil and gas output and hydrocarbon exports. He instructed Amanov to ensure efficient use of existing production capacities and to intensify drilling operations in prospective regions.
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Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
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U.S. President Donald Trump says Israeli and Lebanese leaders have agreed to a 10-day ceasefire that includes Hezbollah, raising cautious hopes of a pause in hostilities after weeks of escalating tensions.
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