Venezuela Oil Exports Rise, Output Cuts Continue
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and st...
Armenia will start construction work on the Trump Route for International Peace and Prosperity (TRIPP) project in the second half of 2026, Foreign Minister Ararat Mirzoyan said on Sunday, as economic dialogue with Azerbaijan advances.
Mirzoyan told Armenia’s Public Television that the government is working closely with U.S. partners on the legal and regulatory framework for the project. He added that the first relevant documents are expected in the coming weeks and that Armenia will host international delegations next year in connection with TRIPP.
The TRIPP initiative, developed under a U.S.-brokered framework, aims to enhance regional transport infrastructure and economic connectivity, including railways, roads, and other facilities that could strengthen trade links in the South Caucasus.
Addressing concerns that Russia or Iran oppose the project, Mirzoyan said discussions with Iranian counterparts had raised questions that were answered, and that both Armenia and Iran now see opportunities in opening transport corridors. He emphasised that Armenia has no plans to reduce ties with Russia or remove the Russian 102nd military base from its territory, and that deepening relations with the United States and European partners does not conflict with maintaining ties with Moscow.
Mirzoyan also highlighted the benefits of ongoing fuel imports from Azerbaijan. He said the supply of Azerbaijani gasoline has been very beneficial for Armenian consumers, noting that some deliveries have already experienced queues, reflecting strong demand.
In a recent milestone for bilateral trade, Azerbaijan exported approximately 1,220 tonnes of AI‑95 gasoline to Armenia by rail via Georgia, marking the first direct trade shipment between the two countries in years and signalling potential for broader economic cooperation.
Officials said Armenia is considering the possibility of exporting goods to Azerbaijan, including aluminium products, agricultural goods, beverages, and textiles. Economy Minister Gevorg Papoyan noted that competitive transit costs via Georgian railways could make future deliveries commercially viable, though specific agreements and schedules are still under negotiation.
On relations with Türkiye, Mirzoyan said the Armenian government seeks “substantial, concrete and perceptible progress” and expects positive steps in the near future.
The development of TRIPP and the renewed economic exchanges with Azerbaijan come amid a broader effort to strengthen regional trade, connectivity, and stability in the South Caucasus.
Several locally-developed instant messaging applications were reportedly restored in Iran on Tuesday (20 January), partially easing communications restrictions imposed after recent unrest.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
Dozens of beaches along Australia's east coast, including in Sydney, closed on Tuesday (20 January) after four shark attacks in two days, as heavy rains left waters murky and more likely to attract the animals.
U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
The United States is placing renewed emphasis on regional partnerships that offer predictability, security cooperation and economic continuity as instability deepens across the Middle East and parts of Eurasia
A fire alarm prompted the partial evacuation of the Davos Congress Centre on Wednesday evening while Donald Trump was inside the building attending the World Economic Forum, Swiss authorities said.
Kazakhstan has yet to receive results from two foreign laboratories examining evidence linked to the crash of an Azerbaijan Airlines aircraft near Aktau, delaying the publication of the final investigation report, officials said.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in Donald Trump’s proposed ‘Board of Peace’.
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