Iran exempts ships of four countries from Strait of Hormuz transit restrictions
Iran has exempted vessels belonging to India, China, Iraq and Qatar from transit restrictions imposed in the Strait of Hormuz.
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Iran has exempted vessels belonging to India, China, Iraq and Qatar from transit restrictions imposed in the Strait of Hormuz.
The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.
China-Central Asia Monitor
Kazakhstan revising expectations
Singapore and Malaysia Bunker fuel availability remains tight in Singapore, with delayed cargo arrivals and congestion at loading terminals continuing to constrain supply, a source said. VLSFO lead times are currently around 13-15 days. Last week, suppliers recommended lead times ranging from around 13 days at the ear…
Trade turnover between Azerbaijan and Greece exceeded $715.7 million in January–September 2026, marking an 8.7% increase compared with the corresponding period of 2025, according to the State Customs Committee.
Azerbaijan imported 680 electric vehicles between January and September 2026, marking a 56.4% decline compared with the corresponding period of 2025. According to data released by the State Customs Committee, the total value of electric vehicle imports fell by...
Tashkent is hosting the third Central Asia-China civil aviation conference, focusing on regional cooperation, air transport liberalisation and the Air Silk Road initiative.
For much of its modern history, Azerbaijan's economic and political influence has been closely tied to oil and gas. The country built its reputation as an energy producer long before the current debate about energy diversification and the green transition became a global priority. Its pipelines connected the Caspian b…
Kazakhstan’s Transport Minister Nurlan Sauranbayev, Azerbaijan’s Ambassador to Kazakhstan Alimirzamin Asgarov, and AZCON Holding representative Shahin Babayev have discussed prospects for bilateral cooperation at a meeting in Astana.
The price of Azerbaijan's Azeri Light crude oil fell by $9.66, or 7.66%, to $116.50 per barrel on a CIF basis at Italy's Augusta port.
An Indian cargo vessel carrying 14 crew members has come under an aerial attack off the coast of Oman, leaving one sailor dead.
Astana gets shout-out for reviving Northern Aral Sea.
The rise in the number of Turkish shipyards from 37 in 2002 to about 85 today has substantially increased the country’s newbuild capacity but shiprepair and maintenance continues to account for much of the industry’s maritime activity, as more shipowners extend vessel service life. For instance, Turkish yards, concent…
TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…
Azerbaijan and Kazakhstan have signed two agreements aimed at expanding transport and logistics cooperation, including the development of a new intermodal cargo terminal at the Port of Baku and the establishment of a next-generation ferry system across the Caspian Sea.
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 November 2026, to review global market conditions and outlook. The seven participating countries decided to main…
Kazakhstan and Azerbaijan are planning to establish a joint intermodal cargo terminal and a new Trans-Caspian ferry system called the "Caspian Bridge."
The Government of Armenia has effectively already begun implementing the “Trump Route for International Peace and Prosperity” (TRIPP) project, Prime Minister Nikol Pashinyan told lawmakers on Monday, according to Armenpress.
Polish Prime Minister Donald Tusk has accused Russia of supporting his political opponents amid an escalating dispute over the country's Constitutional Tribunal, warning that the crisis threatens the rule of law in Poland.
Uzbekistan’s banks reported 25.04 trillion soums in non-performing loans as of 1 October 2026, equal to 3.8% of their total loan portfolio.
Bank loans to Uzbekistan’s industrial sector fell to 133.4 trillion soums by 1 October 2026, despite 13.2% growth in the overall loan portfolio.
Uzbekistan’s commercial bank loans reached 659.1 trillion soums by 1 October 2026, driven by 19% growth in lending to individuals.
The United Arab Emirates (UAE) hopes that the crisis between Iran and the United States can be resolved peacefully, but is also prepared for a possible escalation.
The Al Mayeda liquefied natural gas (LNG) tanker, owned by Qatar's Nakilat shipping company, came under attack in the Persian Gulf on the evening of October 30.
Uzbekistan introduces changes to customs fees, pension services, LPG supplies, public security, business prepayments and mobile advertising from 1 November.
A solo exhibition by Azerbaijani artist Farid Rasulov, titled Long Live, Caspian! (Yaşa, Xəzər!), has opened at the OTAQ gallery in Baku's Icherisheher, exploring the ecological challenges facing the Caspian Sea through contemporary art.
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
Azerbaijan and Kazakhstan are exploring new opportunities to strengthen economic cooperation in logistics, information technology, advanced technologies and artificial intelligence.