live Iran ties Hormuz reopening to U.S. concessions on several demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
Kyrgyzstan's government has banned the sale of gasoline and diesel fuel indefinitely. The Central Asian country imports more than 90 per cent of its fuel from Russia, which has faced supply issues due to Ukrainian attacks on oil refineries.
Kyrgyzstan's Cabinet of Ministers said the embargo would remain in force until the country's domestic market was fully supplied. Earlier in July, the nation's Deputy Minister of Energy, Nasipbek Kerimov, told local media that fuel supply levels from Moscow had "decreased slightly".
According to sources consulted by Reuters, jet fuel exports by rail to Central Asia slumped by more than 92 per cent between May and June to just 3,800 metric tonnes, while gasoline supplies fell by 34 per cent to 99,300 tonnes.
Ukraine has stepped up attacks on Russia's energy infrastructure, including oil refineries, in an attempt to undermine Moscow's war effort. A decline in oil refining has resulted in fuel shortages across Russia, with long queues forming at filling stations while gasoline and diesel prices have risen.
Russia introduced a ban on exports of gasoline, jet fuel and diesel at the beginning of April but exempted supplies agreed under intergovernmental deals.
Moscow has an agreement with Bishkek, signed in 2016, to supply the country with just under two million tonnes of fuel. Deputy Energy Minister Nasipbek Kerimov confirmed that Russia continued to supply Kyrgyzstan with fuel and lubricants.
The fuel export restrictions introduced by Kyrgyzstan do not apply to motorists crossing the border with fuel in their tanks. An exception also applies to the processing of naphtha, fuel oil and heating oil abroad.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
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.
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.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Uzbekistan has secured preferential tariffs for fertiliser and petroleum product shipments through Kazakhstan’s Kuryk port to Georgian ports, as Uzbek cargo volumes across the Caspian continue to rise.
Police in eastern India used tear gas, batons and water cannon on Monday to disperse thousands of young protesters marching on the Jharkhand state legislature over alleged irregularities in civil service examinations.
Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
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