Georgia puts $7 billion plan behind Middle Corridor ambitions
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aime...
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
The delivery began on 18 December, when Azerbaijan shipped oil products to Armenia by rail, signalling that dialogue between the two countries is translating into practical economic cooperation.
The initial shipment consists of 22 rail tank cars carrying 1,210 tonnes of AI-95 petrol, produced by Azerbaijan’s state oil company, SOCAR.
Officials on both sides have described the export as a significant step that goes beyond political statements and reflects the real economic benefits of peace.
The fuel shipment follows an agreement reached on 28 November in Gabala, a city in the north west of Azerbaijan, where Deputy Prime Minister Shahin Mustafayev met with Armenia’s Deputy Prime Minister Mher Grigoryan.
During that meeting, the two sides discussed measures to build trust and revive economic links that had been severed by decades of conflict and closed borders.
Azerbaijani officials say the export demonstrates the country’s readiness to engage in mutually beneficial trade with Armenia, while Armenian representatives have framed the delivery as a practical contribution to energy security and economic stability.
Both governments have highlighted the symbolic importance of rail transport, which had been suspended for years due to hostilities, as a foundation for restoring broader connectivity in the region.
Analysts say the move could have far-reaching implications beyond fuel supplies.
By reopening trade routes and establishing reliable commercial ties, the agreement will help strengthen regional integration, encourage further economic cooperation and create momentum for additional confidence-building measures.
In the longer term, they argue, such steps could pave the way for expanded trade across the South Caucasus, linking Armenia, Azerbaijan and neighbouring states through revived transport and energy corridors.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aimed at expanding the Middle Corridor and strengthening the country’s role in global trade.
Iran says it has delivered on its promise of a “faster, heavier and more painful” response to Washington, striking U.S. bases, warships and commercial vessels early on Wednesday.
Central Asian foreign ministers have marked 20 years since a landmark nuclear-free treaty, reaffirming their commitment to regional security, nuclear non-proliferation and disarmament.
Saudi Arabia’s international leisure tourism industry is forecast to grow by 93 per cent between 2025 and 2030, as the kingdom expands beyond religious travel. The figures were presented during WTM Spotlight Riyadh, where industry leaders discussed the growing tourism market.
The Houthi movement has fired missiles and drones towards Saudi Arabian cities and energy facilities, opening another potentially dangerous front in a wider regional conflict involving Iran and the United States.
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