Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Azerbaijan is committed to deepening its mutually beneficial ties with Belarus, Prime Minister Ali Asadov said during an extended meeting with his Belarusian counterpart, Alexander Turchin, who is currently on an official visit to Azerbaijan.
Asadov highlighted that the discussions were thorough and productive, focusing on key aspects of bilateral cooperation. He emphasized that both sides agreed to step up efforts to fulfill the directives of their presidents through intergovernmental collaboration. He credited the strong personal involvement of Presidents Ilham Aliyev and Aleksandr Lukashenko for the steady and comprehensive development of Azerbaijani-Belarusian relations.
He also pointed out that high-level visits, official meetings, and signed agreements have all contributed to strengthening this strategic partnership, which has proven resilient over time. Belarusian Prime Minister Turchin echoed this sentiment, stressing that the close ties between the leaders of both nations reflect the depth of their relationship.
Turchin noted that economic and trade cooperation is the foundation of their partnership, encompassing many sectors and marked by strong momentum. He observed that trade between the two countries increased last year, though there is still room for growth. He added that both sides are interested in joint efforts to rebuild territories, particularly through housing projects and expanding the production sector. Future cooperation may also include industrial partnerships and collaboration in areas such as fire safety equipment and municipal services.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
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.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Britain will continue to support Ukraine “100 per cent” against Russia’s invasion, Prime Minister Andy Burnham said on Tuesday, after Moscow warned London of consequences over reports that British-made drones had been used in strikes on Russian territory.
Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
European countries are stepping up investment in drones and counter-drone technology as unmanned systems reshape modern warfare, driving demand for new production and capabilities across the continent.
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