Azerbaijan seeks bigger global investment role ahead of Baku forum
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan Inter...
Iran’s Revolutionary Guards (IRGC) say they've detained two vessels in the Persian Gulf carrying more than 1 million litres of smuggled fuel, state media said, with 15 foreign crew members handed to judicial authorities.
State media reported that all 15 foreign crew members were taken into custody and referred to judicial authorities for investigation.
No details were released on the vessels’ flag, the crew’s nationalities or the destination of the cargo.
Fuel smuggling is a recurring issue in the region, driven by Iran’s heavily subsidised domestic fuel prices and strong demand in neighbouring markets.
Reuters has reported a series of similar seizures in recent months.
In December, Iranian forces detained a foreign tanker near Qeshm island carrying about 4 million litres of smuggled fuel and arrested 16 crew members, days after stopping another vessel with 6 million litres of diesel in the Gulf of Oman.
In March 2025, the Guards intercepted two foreign tankers in the Gulf with more than 3 million litres of diesel, detaining 25 crew members.
Iranian authorities say such operations form part of a wider effort to curb large-scale maritime fuel smuggling across regional waters.
Meanwhile, nuclear talks between the U.S. and Iran are expected to take place in Oman on Friday with a possible confrontation looming as U.S. President Donald Trump builds up forces in the Middle East.
Trump has warned that "bad things" would probably happen if a deal could not be reached, ratcheting up pressure on the Islamic Republic in a standoff that has led to mutual threats of air strikes and stirred fears of escalation into a wider war.
Iran has said it will not make concessions on its formidable ballistic missile programme, calling that a red line in negotiations.
The Trump administration agreed to an Iranian request to move the talks from Türkiye and negotiations are still ongoing about whether Arab and Muslim countries from the region will join the talks in Oman, Axios reporter Barak Ravid said on Tuesday, citing an Arab source.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Nigeria’s anti-drug agency says it has dismantled a methamphetamine production syndicate in what officials describe as the country’s largest drugs seizure of its kind.
After many years, reams of regulatory paperwork and a well-timed presidential visit, Tesla has finally launched its Full Self-Driving (FSD) system in China, the world’s largest electric vehicle market and one in which competitors have been rapidly advancing their autonomous driving capabilities.
Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
Russia pledged support for Cuba on Thursday after the U.S. indicted former Cuban president Raúl Castro on murder charges linked to the 1996 downing of exile planes, escalating tensions between Washington and Havana.
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