live Iran ties Hormuz reopening to U.S. concessions on several demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
Azerbaijan and the European Union have deepened discussions on the development of the Caspian-Black Sea-Europe green energy corridor, a strategic project set to enhance energy connectivity and diversify supply routes between Central Asia and Europe.
A key meeting between Azerbaijan’s Minister of Energy, Parviz Shahbazov, and Gert Jan Koopman, Director-General of the European Commission's Directorate-General for Neighbourhood and Enlargement Negotiations (DG NEAR), took place to advance energy cooperation between Azerbaijan and the European Union.
According to the Ministry of Energy, discussions focused on the growing energy partnership and the significant increase - over 57% - in Azerbaijani gas exports to the EU from 2021 to 2024. The two sides emphasized the importance of continued investment and long-term agreements to expand the Southern Gas Corridor and ensure a stable increase in gas supply volumes. The EU’s evolving stance on financing gas infrastructure projects was also reviewed.
A central topic of the meeting was the Caspian-Black Sea-Europe green energy corridor, a priority initiative that aims to bolster the flow of energy and electricity between the region and the EU. Koopman highlighted the EU’s strong interest in this project, especially in the context of the Central Corridor, which connects Central Asia to Europe through Azerbaijan.
The project is currently undergoing a feasibility study, with efforts underway to include it in the Ten-Year Network Development Plan (TYNDP) of the European Network of Transmission System Operators for Electricity (ENTSO-E). Discussions also covered the integration of a fiber-optic component alongside power infrastructure and the potential for large-scale green energy exports in future phases.
Minister Shahbazov stressed the corridor’s potential to serve as a bridge between Europe and Central Asia, facilitating the transmission of significant volumes of energy resources - particularly from Kazakhstan and Uzbekistan - to European markets. This, he noted, would significantly contribute to the diversification of regional energy supply routes.
The two sides also exchanged views on holding the third Azerbaijan-EU Energy Dialogue, aiming to strengthen strategic cooperation and align mutual priorities in the energy sector.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Christopher Nolan’s The Odyssey has surpassed $1.1 billion at the global box office, becoming the highest-grossing film of the director’s career.
Uzbekistan has secured preferential tariffs for fertiliser and petroleum product shipments through Kazakhstan’s Kuryk port to Georgian ports, as Uzbek cargo volumes across the Caspian continue to rise.
Police in eastern India used tear gas, batons and water cannon on Monday to disperse thousands of young protesters marching on the Jharkhand state legislature over alleged irregularities in civil service examinations.
Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment