First Assembly of Turkic World Insurance Union commences in Shusha
The inaugural Assembly of the Turkic World Insurance Union has officially begun today in Shusha, Azerbaijan....
Russia’s gas transit to Europe via Ukraine ends after decades, closing a key supply route as the EU diversifies energy sources amid strained relations and economic shifts.
Russia’s long-standing gas supply to Europe via Ukraine, active for decades, will end on New Year’s Day as the contract between the two nations collapses. This deal had generated billions in revenue for Moscow and transit fees for Kyiv.
The closure signifies the end of Russia's longest-running gas route to Europe, coinciding with a decade of strained relations following the 2014 events in Crimea. In response to the 2022 conflict in Ukraine, thea EU increased efforts to diversify its energy sources, turning to liquefied natural gas (LNG) from Qatar and the U.S., as well as pipeline supplies from Norway.
In 2022, Gazprom, Russia's state-controlled gas exporter, recorded its first loss since 1999, losing $7 billion despite boosting exports to China. Slovakia and Austria, previously reliant on Russian gas via Ukraine, have secured alternative supplies through Italy and Germany, ensuring consumer needs. Slovakia, however, faces €177 million ($184 million) in additional fees for these routes.
The European Commission highlighted enhanced LNG import capacity, energy efficiency measures, renewable energy development, and a flexible gas system as key to mitigating the impact.
Analysts expect minimal market disruption, as the remaining Russian volumes via Ukraine are small, and European gas prices saw little movement.
Ukraine stands to lose $800 million annually in transit fees, while Gazprom will forgo $5 billion in sales. Moldova, heavily affected, plans to cut its gas use by a third. The EU has faced higher energy costs, hitting industrial competitiveness, exacerbating inflation, and worsening the cost-of-living crisis.
Other Russian pipelines, such as Yamal-Europe via Belarus and Nord Stream to Germany, have also ceased operations.
Once supplying 201 billion cubic meters of gas annually at their peak in 2018, Russia shipped only 15 bcm via Ukraine in 2023, down from 65 bcm in 2020. TurkStream, crossing the Black Sea, remains Russia's sole active route, supplying Türkiye, Hungary, and Serbia.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Music mega-star Taylor Swift and National Football League player Travis Kelce announced their engagement. “Your English teacher and your gym teacher are getting married," the couple wrote in a joint Instagram post, alongside photos of Kelce proposing to Swift in a garden of pink and white flowers.
The U-17 World Wrestling Championship will take place in Baku in 2026.
Ricky Hatton, the legendary British boxer known for his fierce fighting spirit and world championship titles, has tragically passed away at the age of 46. His body was discovered at his home in Hyde, Greater Manchester, on Sunday morning (September 14).
Russia’s defense ministry reported shooting down 361 Ukrainian drones overnight, including four guided aerial bombs and a U.S.-made HIMARS missile. The attack, part of a broader drone war, briefly sparked a fire at Russia’s Kirishi oil refinery in the northwest, although no injuries were reported.
Life in Nepal's capital, Kathmandu, returned to normal on Sunday (September 14), just days after deadly protests left at least 51 people dead and blanketed the city in smoke.
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