Uzbekistan, Azerbaijan target $1 billion in trade by 2030
Uzbekistan and Azerbaijan are drawing up a new programme aimed at boosting bilateral trade to $1 billion by 2030, as the two countries move to deep...
Europe is facing a harsh winter as freezing temperatures and soaring gas prices strain households, following Ukraine’s halt of Russian gas transit. With heating demand surging, the crisis underscores the region's reliance on diversified energy sources.
Europe is grappling with freezing temperatures and rising gas prices after Ukraine halted Russian gas transit on 1 January, following the expiration of a five-year transport agreement.
With temperatures in cities like London and Berlin dropping below freezing and snowfall in Belgium, heating demand has surged, further straining supplies and pushing costs higher.
"My parents tell me to sometimes close my heating because it's too pricey," said a student, reflecting widespread concerns over affordability.
Despite efforts to reduce reliance on Russian gas by importing U.S. liquefied natural gas, analysts highlight that the EU remains dependent on cheaper Russian supplies.
To address the crisis, Austria’s Mineral Oil Administration has committed to supplying Germany with gas from Romania's Neptun Deep project by 2027, marking a step towards diversifying Europe’s energy sources.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
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.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Australia on Thursday condemned Israel’s decision to close its criminal investigation into the deaths of Australian aid worker Zomi Frankcom and six World Central Kitchen colleagues killed in Gaza in April 2024.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
North Korea has fired more than 10 short-range ballistic missiles after U.S. President Donald Trump reduced American participation in joint military exercises with South Korea in an effort to revive dialogue with Pyongyang.
Georgia’s foreign trade data for January-July 2026 shows Kyrgyzstan, China and Russia as its top three export markets, highlighting its Middle Corridor ambitions and complex economic ties with Moscow.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
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