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...
Azerbaijan Railways and China State Railway Group agreed on Thursday to raise freight traffic on the Baku–Tbilisi–Kars line to as many as 10 trains a day, aiming to turn the route into a high-capacity artery between East and West.
The memorandum of understanding, signed in Baku, commits the two state rail operators to expand track, port and container facilities so that goods from Chinese factories can reach Türkiye and onward European markets more quickly, the companies said.
Central to the deal is the Baku–Tbilisi–Kars (BTK) railway, a 846-kilometre link that forms the spine of the so-called Middle Corridor running from the Caspian Sea to the Mediterranean. Under the agreement, daily block-train capacity will rise to “up to ten” by the end of the decade, from only a handful today.
The partners will also deepen co-operation on Caspian Sea logistics, increase container services and explore joint investment in rolling stock. Azerbaijan Railways (ADY) completed a major modernisation of the Georgian section of the BTK in 2023–24, paving the way for heavier loads and faster transit times.
EU-backed studies estimate that east-west trade volumes through the Middle Corridor could triple by 2030 if bottlenecks are removed. By linking into Türkiye’s rail network, the BTK bypasses congested Black Sea ports and avoids Russian territory—a route that has gained importance since Moscow’s full-scale invasion of Ukraine in 2022.
Officials in Baku say the deal with Beijing cements Azerbaijan’s role as a regional hub. China already uses the line for test shipments of electronics and auto parts bound for Europe, but limited track capacity has so far capped throughput.
Further talks will focus on digital customs systems and harmonised tariffs to make the corridor competitive with maritime services via the Suez Canal.
Both sides said the memorandum “opens a new chapter” in Sino-Azeri transport ties and supports wider Belt and Road initiatives.
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.
Uzbekistan plans to introduce a new Heritage Impact Assessment system to shield historic cities and cultural heritage sites from the potential impact of construction and infrastructure development. Digital tools will also be used to manage tourist numbers and limit visitors where necessary.
Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to deepening its partnership with the Gates Foundation, with talks spanning polio eradication, health, financial inclusion and digital development.
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.
Georgia’s top security official has held face-to-face talks with his Azerbaijani counterpart in China, with both sides pledging to deepen intelligence cooperation amid growing global security challenges.
More than 46,000 people have been displaced in Yemen since fighting escalated last week, the International Organization for Migration (IOM) said on Friday, warning that the number is rising “by the hour”.
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