Russia is set to deliver 200,000 tons of Arctic Arco oil to Syria for the first time, marking a new phase in the growing energy partnership between the two nations, according to data from LSEG. This shipment highlights Russia’s strategic support for Syria amid ongoing geopolitical tensions and energ
Russia Set to Supply 200,000 Tons of Arctic Arco Oil to Syria for the First Time, LSEG Data Shows
In a significant development, Russia is preparing to supply 200,000 tons of Arctic Arco oil to Syria for the first time, according to data from London Stock Exchange Group (LSEG). This new energy deal marks a noteworthy step in Russia's expanding influence in the Middle East and highlights its ongoing support for the Syrian regime amid Western sanctions and diplomatic isolation.
The shipment of Arctic Arco oil is set to arrive in Syria shortly, signaling a deepening economic relationship between the two nations. The cargo is being hailed as a critical move in helping Syria meet its energy needs, which have been increasingly strained due to prolonged conflict and international sanctions.
Arctic Arco oil, extracted from the Russian Arctic region, is known for its high quality and significant yield, making it an attractive source for countries like Syria that are struggling to secure stable energy supplies. The deal reflects Russia's strategic interests in supporting its long-time ally, Syrian President Bashar al-Assad, in his efforts to rebuild the war-torn nation.
Russia has faced substantial international scrutiny over its role in the Syrian conflict, where it has provided military support to Assad’s regime since 2015. Despite this, Moscow has strengthened its ties with Damascus, positioning itself as a key player in Syria's post-war reconstruction and energy sectors.
This oil supply deal is likely to deepen the energy cooperation between the two nations, which could have far-reaching implications for both Russia’s foreign policy and Syria’s efforts to regain stability. Additionally, it underscores Russia's broader strategy of securing long-term economic and geopolitical advantages in the Middle East, a region historically influenced by Western powers.
As Russia continues to navigate the complex dynamics of international relations, its relationship with Syria and other Middle Eastern nations could play a pivotal role in shaping the region's future energy landscape. The timing of this oil supply, amidst ongoing global energy challenges, underscores Russia’s determination to maintain its role as a significant energy supplier on the world stage.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. re...
U.S. special envoy for Ukraine, Keith Kellogg, is set to arrive in Kyiv on Monday for a week-long visit, Ukrainian outlet Novyny.LIVE reported on Frid...
Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to c...
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
U.S. special envoy for Ukraine, Keith Kellogg, is set to arrive in Kyiv on Monday for a week-long visit, Ukrainian outlet Novyny.LIVE reported on Friday.
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government audit said nearly 22,000 cars sold up to 2020 should never have qualified for clean-energy incentives.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment