Hungary and Slovakia are seeking solutions for paying Russian gas suppliers after U.S. sanctions on Gazprombank raised payment challenges. Talks are underway to resolve the issue.
Hungary and Slovakia are exploring ways to make payments for Russian gas after new U.S. sanctions on Gazprombank created uncertainty.
Hungary’s Foreign Minister Peter Szijjarto plans talks with Russian Deputy PM Alexander Novak to find a legal solution for future payments. The U.S. sanctions, imposed on November 21, complicate payments via Gazprombank, which had previously facilitated currency conversions into roubles.
Slovakia's state-owned SPP is facing difficulties with an upcoming payment, and failure to pay could lead to suspension of gas supplies. Russia has since cancelled the option for buyers to convert currencies into roubles at Gazprombank.
Other European buyers, particularly in the Balkans, are also impacted.
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'agg...
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the s...
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases...
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'aggressors' while the Army and Revolutionary Guards said they carried out retaliatory attacks against U.S. bases in the region on Monday.
Kyrgyzstan is hosting the sixth World Nomad Games, bringing together thousands of athletes from around the world for a celebration of traditional sports, cultural heritage and nomadic traditions.
Pakistan is set to take over the rotating chairmanship of the Shanghai Cooperation Organisation after the bloc’s leaders meet in Bishkek. Prime Minister Shehbaz Sharif arrived on Friday to attend the SCO Council of Heads of State meeting and SCO Plus Summit, which run until 2 September.
Israeli Prime Minister Benjamin Netanyahu has condemned the actions of Israeli settlers in the West Bank village of Qusra, saying security operations should be handled only by state institutions, including the army and police.
Rescue teams in Nepal, supported by Chinese and Indian experts, worked through the night to reach hundreds of people believed to be trapped inside blocked hydropower project tunnels following last week’s catastrophic Himalayan flood.
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