More than 800 Afghan families return from Pakistan and Iran in two days
More than 800 Afghan families returned from Pakistan and Iran over two days as Afghan authorities continued receiving thousands of people arriving thr...
South Korea will import 18 million barrels of Kazakh oil via routes bypassing the Strait of Hormuz, as it seeks to shield its energy supply from mounting instability in the Middle East.
South Korea has agreed to purchase 18 million barrels of crude oil from Kazakhstan using alternative transport routes, in a calculated effort to reduce exposure to geopolitical disruption in the Middle East.
The arrangement was confirmed by Kang Hoon-sik, chief of staff to the South Korean president, following high-level talks in Kazakhstan on 8 April. It forms part of a broader push by Seoul to diversify both suppliers and logistics chains.
The deal sits within a wider procurement framework under which South Korea has secured contracts for 273 million barrels of oil through to the end of 2026.
Alongside Kazakhstan, the agreements cover supplies from Oman, Saudi Arabia and Qatar. Within this structure, Kazakhstan’s share remains relatively modest at around 6%, suggesting that while its role is expanding, it is not yet central to South Korea’s import mix.
Saudi Arabia is set to continue as South Korea’s principal partner under long-term contracts, accounting for up to 200 million barrels of crude and at least 500,000 tonnes of naphtha.
Oman is expected to provide around 5 million barrels of oil and up to 1.6 million tonnes of naphtha, reinforcing the Gulf’s central role in Seoul’s energy portfolio.
Talks in Kazakhstan also resulted in an agreement on the supply of up to 2.1 million tonnes of naphtha and the establishment of a new direct channel for high-level bilateral engagement, indicating an intention to institutionalise cooperation beyond individual contracts.
For Kazakhstan, ranked 12th globally in oil production, the agreement aligns with its broader ambition to widen export routes and strengthen its position in Asian markets.
A defining feature of the arrangement is its logistical dimension. Both crude and naphtha will be transported via routes that avoid the Strait of Hormuz, a critical maritime chokepoint long exposed to disruption amid regional tensions.
South Korean officials expect this shift to alternative corridors to have a tangible stabilising effect on the domestic energy market, even if transit times - estimated at 50 to 60 days - remain broadly comparable to shipments from more distant suppliers such as the U.S.
U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
Indonesian rescue teams are searching for 28 people still unaccounted for, three days after a passenger ferry caught fire off the coast of Madura island.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
Nauru, the world’s third smallest country, has changed its name to Naoero, the Pacific island nation’s President said. The new name corresponds to the spelling and pronunciation in the national language.
More than 800 Afghan families returned from Pakistan and Iran over two days as Afghan authorities continued receiving thousands of people arriving through deportations and voluntary returns from neighbouring countries.
Türkiye has urged Russia and Ukraine to protect civilian shipping in the Black Sea after a drone struck a Turkish-owned cargo ship, reportedly injuring three crew members. Ankara said attacks on commercial vessels risk further destabilising maritime security.
Central Asian countries are adapting their energy strategies as Russia’s fuel sector comes under mounting pressure from Ukrainian drone attacks on oil infrastructure and continuing export restrictions.
Switzerland aims to deepen its economic partnership with Azerbaijan, Foreign Minister Ignazio Cassis said during his first official visit to the country. The trip marks the first stop on his wider tour of Central Asia.
Georgia has unveiled a new funding model for public universities, highlighting the different ways higher education is financed across the South Caucasus. While Georgia, Azerbaijan and Armenia all provide state support, their funding systems differ significantly.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment