live U.S. pressure on Iran intensifies as sanctions and blockade take hold
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, acc...
Georgia is set to impose a transit fee on the second shipment of petroleum products from Azerbaijan to Armenia, according to Armenian media quoting a statement from Karen Ayiryan, Director of Mega Trade on Thursday (8 January).
Ayiryan said the introduction of a transit fee is unlikely to significantly affect fuel prices in Armenia because broader factors such as international market prices and currency fluctuations also shape retail costs.
The upcoming shipment, which includes both premium and regular petrol as well as diesel fuel, will be subject to charges.
The Georgian side hasn't released any statements on the topic.
The development follows the historic first commercial deliveries of Azerbaijani fuel to Armenia via Georgian territory last month.
The first batch was transited through Georgia free of charge after Georgian Prime Minister Irakli Kobakhidze instructed Georgian Railways to waive tariffs.
The transit was framed by Tbilisi as a sign of commitment to regional cooperation, with the Georgian government emphasising its role as a strategic partner for both Armenia and Azerbaijan.
The new deliveries are part of a broader reopening of economic links between Armenia and Azerbaijan following decades of conflict and the trilateral peace declaration signed in August 2025 under U.S. mediation.
The first shipment, consisting of around 1,220 tonnes of SOCAR-produced AI-95 petrol dispatched from Baku on 18 December, was described by Armenia’s economy minister as the first commercial petrol trade between the two countries since independence.
According to multiple reports, the second shipment confirmed by Armenia’s Economy Ministry includes thousands of tonnes of fuel (with AI-92 petrol, AI-95 petrol and diesel) and is anticipated to help diversify energy supplies in Armenia and introduce competitive pricing.
Earlier local reporting also indicated that Armenian officials have discussed the possibility of alternative routes for transit if tariff issues are not resolved, underlining the economic stakes for Yerevan.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
The European Union's foreign policy chief Kaia Kallas says the bloc will tighten enforcement of sanctions against Russia over its war in Ukraine. EU foreign ministers were meeting in Ireland following renewed Russian strikes on cities across Ukraine.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
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