live U.S. to impose measures "never seen before" on Iran, Treasury secretary says
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
On 1 July, President of the European Commission Ursula von der Leyen arrived in Azerbaijan on a working visit.
"The EU is already Azerbaijan's largest trading partner and biggest investor. Now we want to build on that,” President of the European Commission Ursula von der Leyen said during joint press statements with President of Azerbaijan Ilham Aliyev.
"The resumption of discussions on a new comprehensive agreement is an important step. This can open the road for even more trade between Azerbaijan and the European Union, and we will work together to make progress happen,” she added.

"Energy remains one of the strongest pillars of our partnership,” President of the European Commission Ursula von der Leyen said during joint press statements with President of Azerbaijan Ilham Aliyev.
She noted: "In recent years, Azerbaijan has proven to be a reliable trusted energy partner for Europe."
"Together, we can turn peace on paper into peace in practice. That is why we are working here today together,” President of the European Commission Ursula von der Leyen said during joint press statements with President of Azerbaijan Ilham Aliyev.
"This brings me to my first announcement of today. We want to foster peace through connectivity,” the President of the European Commission emphasised.
"More than 40% of our trade is with member states, and for European Union, Azerbaijan is the main trading partner in the Southern Caucasus,” President Ilham Aliyev said in a joint press statement with President of the European Commission Ursula von der Leyen.
The head of state emphasised that almost 70% of trade in the South Caucasus is trade with Azerbaijan.
European Commission President Ursula von der Leyen’s visit comes as Azerbaijan plays an increasingly strategic role in Europe's efforts to diversify energy supplies and strengthen connectivity between Europe and Asia.
Ursula von der Leyen arrived in Baku on 1 July, saying the European Union sees a “bright future” for the South Caucasus built on connectivity, peace and prosperity.
On 1 July, President of the Republic of Azerbaijan Ilham Aliyev held an expanded meeting with President of the European Commission Ursula von der Leyen.
On 1 July, President of the Republic of Azerbaijan Ilham Aliyev held a one-on-one meeting with President of the European Commission Ursula von der Leyen.
A guard of honour was lined up at Heydar Aliyev International Airport, decorated with the flags of Azerbaijan and the European Union, in honor of the President of the European Commission.
Ursula von der Leyen was welcomed by Azerbaijan's Foreign Minister Jeyhun Bayramov, European Commissioner for Enlargement Marta Kos, and other officials.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Former Iranian Ambassador to Azerbaijan Mohsen Pakayin has called on Tehran to ratify the Caspian Sea convention, arguing that doing so would safeguard Iran’s legal and regional interests.
The suspension of two major grain terminals in Russia’s Black Sea port of Novorossiysk could increase pressure on Kazakhstan’s agricultural market if Russian exporters divert supplies to Central Asia at discounted prices.
Georgia’s Prime Minister says the EU’s inclusion of a major Black Sea cable project on a key infrastructure list is fresh evidence of the country’s importance to regional energy and digital connectivity.
Armenian Prime Minister Nikol Pashinyan has dismissed Security Council Secretary Armen Grigoryan and appointed former parliament speaker Alen Simonyan as his replacement.
Central Asia’s economy has surpassed $543 billion, driven by Kazakhstan’s economic weight, strong exports and foreign investment, while growing trade across Asia points to an increasingly connected region.
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