Trump announces ‘most crushing economic operation’ against Iran
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most s...
Finnish power grid operator Fingrid announced on Wednesday that repairs to the damaged EstLink 2 subsea power line, which connects Finland and Estonia, will begin in May, with the line expected to return to commercial use by July 15, 2025.
The outage of the undersea power cable, along with four internet lines, was suspected to have been caused by a ship carrying Russian oil, which Finnish authorities seized in December 2024 in the Baltic Sea. Fingrid stated that a new cable will be installed on the seabed to replace the damaged section, spanning a distance of approximately one kilometer (0.62 miles).
Fingrid emphasized that the repair work involves extensive planning and requires a specially equipped vessel to carry out the task. The work will be performed by Nexans, a global leader in the cable industry.
The EstLink 2 power line is a crucial part of the energy infrastructure connecting Finland and Estonia, and its repair is essential for maintaining energy reliability in both countries. The outage had disrupted the power supply and raised concerns about regional energy security. The planned repair and restoration of EstLink 2 will help restore normal electricity flows between the two nations and improve resilience in the Baltic Sea region’s energy network.
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.
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.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Iran has rejected UAE allegations that it fired two ballistic missiles towards the Gulf state, as tensions rise over military activity, trade and the Strait of Hormuz.
Escalating attacks on Black Sea ports, cargo vessels and export infrastructure have crippled a vital global grain trade route, threatening supplies to food-importing nations and driving prices higher.
Türkiye on Wednesday rejected Israel’s justification for striking a Syrian airbase near its border, calling the claims “untenable” as tensions between the two countries rise over Syria.
Uzbekistan plans to open a logistics centre at Georgia’s port of Poti by 2027, with capacity to handle up to 500,000 tonnes of cargo a year, as Tashkent strengthens transport links through the South Caucasus.
The U.S. imposed sanctions on the International Criminal Court's (ICC) President Tomoko Akane and a senior trial lawyer at the court Abdoulaye Seye on Tuesday, Secretary of State Marco Rubio said.
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