U.S. and Iran exchange threats - Tuesday, 10 March
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including thr...
The Trans Adriatic Pipeline (TAP) has delivered more than 54 billion cubic metres of gas during 5-year period, said Azerbaijan’s energy minister Parviz Shahbazov.
"Five years have passed since Azerbaijan began exporting gas to Europe via TAP. During this period, more than 54 bcm of gas has been supplied to Europe via TAP. This year, according to operative data, 12.8 bcm of gas has been exported to Europe under short- and long-term contracts," Shahbazov said in a post on X.
The Trans Adriatic Pipeline, the final component of the Southern Gas Corridor designed to transport Azerbaijani gas from the Caspian to Europe, entered commercial operation on 15 November, 2020. The 878-kilometre pipeline runs through Greece, Albania, the Adriatic Sea, and Italy.
Azerbaijan began exporting gas to Europe on 31 December, 2020. Under an agreement with the EU, deliveries are expected to reach at least 20 bcm per year by 2027.
In the first phase of TAP's expansion, Italy will receive 1 bcm of Azerbaijani gas, while Albania will receive 200 million cubic metres.
Following market tests conducted in 2021, TAP shareholders committed to increasing the pipeline's annual capacity by an additional 1.2 bcm above the 10 bcm threshold by 1 January, 2026.
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including threats over the strategic Strait of Hormuz, a critical artery for global oil supplies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Iran and the U.S. exchanged threats on Tuesday, as U.S. Defense Secretary Pete Hegseth warned Tehran to expect the “most intense day" of attacks so far. Meanwhile, Iranian President Masoud Pezeshkian said “anyone who entertains the illusion of destroying Iran knows nothing of history."
The Strait of Hormuz has become a focal point of global concern as tensions rise following the conflict involving Iran, the United States and Israel. Tehran has threatened to block the strategic waterway, raising fears of disruption to global oil shipments and energy markets.
Reports of so-called “acid clouds” moving from Iran towards Central Asia are not supported by scientific data, national hydrometeorological services in Kazakhstan, Uzbekistan and Kyrgyzstan say, adding there is no threat to the region.
A senior delegation from the OSCE Parliamentary Assembly has been holding meetings with Georgian government officials, opposition leaders and security authorities this week, as international observers attempt to gauge the country’s political climate following last year’s contentious elections.
Turkish President Recep Tayyip Erdoğan has told Masoud Pezeshkian, his Iranian counterpart, that violations of Turkish airspace by Iran could not be justified “for any reason whatsoever.”
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