Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Anewz correspondent Nini Nikoleishvili reports from site of crashed Turkish military plane in Sighnaghi Municipality, saying that limited visibility and rugged terrain are slowing down recovery efforts.
Reporting from the nearest accessible point to the crash site in Georgia's Sighnaghi municipality, Anewz can confirm that Georgia's Interior Ministry Gela Geladze, along with First Deputy Rony Mesri, are currently at the site of the incident coordinating rescue and investigation efforts.
Earlier in the day, a Turkish Military cargo C -130 Hercules plane went down near the Georgian -Azerbaijan border killing all 20 people on board.
Flight tracking data from Flightradar shows the aircraft departed from Ganja Airport in Azerbaijan at 14:19 local time, after which it disappeared from international monitoring platforms.

The plane had been flying at approximately 8 kilometers in altitude and a speed of 519 kph before the crash.
Eyewitnesses, including locals, hunters and farmers report seeing scattered debris across the rugged mountainous terrain indicating the scale of the disaster.
Georgian authorities say the aircraft vanished from Georgian Radar just minutes after entering national airspace without sending an emergency signal prompting the Air Navigation Service to immediately launch search and rescue operations.
Helicopters are currently deployed over the steep crash zone several kilometers from Kholagiri Monastery as emergency and security teams work to recover wreckage.
Authorities caution however that due to the extremely challenging conditions, navigating steep terrain, scattered wreckage and limited visibility, that full -site access and recovery operations may take several hours.
High -level coordination continues with Azerbaijan and Turkey, offering support, including emergency personnel and technical assistance, while Georgian agencies remain fully mobilised.
Georgian Authorities have expressed condolences to the victim's families and the people of Turkey,
Turkey's Ministry of Defense has confirmed the number and identities of those decreased while Georgia's Ministry of Internal Affairs has opened a criminal investigation under Article 275 Part 4 concerning violations of aviation safety regulations, resulting in fatalities.
The Ministry also spoke on the discovery of the wreckage of the C-130 military transport aircraft that crashed on Georgian territory.
“This evening, a Georgian search and rescue team located the wreckage of the aircraft. A Turkish air-crash investigation team is heading to the site. The cause of the crash will be determined after a detailed examination of the debris.”
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure on supply chains and the wider economy.
Azerbaijan has summoned Russia’s ambassador in Baku over recent Russian media comments it described as insulting, provocative and threatening towards the country, its people and leadership.
Israel and the United States have agreed to establish two working groups on Gaza’s future as Washington pushes to turn a fragile ceasefire into a broader political and security arrangement.
Uzbekistan is putting renewable energy, water security, waste management and climate-resilient cities at the centre of its growth strategy as it seeks to modernise infrastructure and attract green investment.
A power disturbance that swept across Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan on 14 August has highlighted both the benefits and vulnerabilities of Central Asia’s interconnected electricity grid.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment