Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Finnish prosecutors have charged the captain and two officers of the Eagle S tanker with aggravated sabotage and telecommunications interference over damage to Finland-Estonia cables in December.
The deputy prosecutor general has filed charges against the captain, first officer and second officer of the Cook Islands-registered oil tanker, Finnish broadcaster YLE reported on Monday. The charges follow a National Bureau of Investigation (NBI) probe into damage to the Estlink 2 power cable and four telecommunications cables in the Gulf of Finland.
Investigators allege the tanker dragged its anchor for around 90 kilometres along the seabed, severing the cables between Finland and Estonia. Authorities suspect the vessel is part of Russia's so-called "shadow fleet," a group of ships believed to be used to bypass oil sanctions on Moscow.
The defendants deny the allegations and argue Finland lacks jurisdiction, claiming the cables were damaged outside Finnish territorial waters.
The incident was one of several suspected hybrid attacks on Nordic telecommunications and energy infrastructure late last year, prompting heightened regional security measures.
According to Finnish officials, the disruptions underscored the vulnerability of critical undersea links that carry power and data between countries in the Baltic region.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Britain will continue to support Ukraine “100 per cent” against Russia’s invasion, Prime Minister Andy Burnham said on Tuesday, after Moscow warned London of consequences over reports that British-made drones had been used in strikes on Russian territory.
Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
European countries are stepping up investment in drones and counter-drone technology as unmanned systems reshape modern warfare, driving demand for new production and capabilities across the continent.
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