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Azerbaijan's annual customs exemptions and reliefs reach nearly $1.8B

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.

Azeri Light oil price falls by 2.62% at Italy's Augusta Port

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.

U.S. Coast Guard Detains MSC Cruise Ship in Miami

The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after the vessel remained in port for two...

ENGINE: East of Suez Bunker Fuel Availability Outlook

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…

Asian Cup Postponement Delays Central Asian Football Hopes

Tajikistan’s football team planned to be “fully prepared” for the Asian Cup finals in Saudi Arabia in early 2027, coach Igor Angelovski of North Macedonia said months ago. But the Tajik footballers and the rest of the competition will have to wait. On Tuesday, the Asian Football Confederation (AFC) said the region’s t…

Qatar’s US LNG Bet Signals a New Energy Order

Turning to your biggest rival is rarely a sign of confidence. Yet Qatar's decision to sign long-term contracts for US supplies suggests the world's second-largest LNG exporter is increasingly concerned that instability in the Gulf could undermine its ambitious expansion plans.

Developer of Kazakhstan Tungsten Projects Drops Merger and Plans U.S. Listing

Cove Kaz, the U.S. company developing two major tungsten deposits in Kazakhstan, has dropped its planned merger with Skyline Builders. It now plans to list its shares directly on a U.S. stock exchange in the first half of 2027. The change comes alongside a $32 million investment commitment intended to fund work on the…

New Jersey Governor Warns Ports Against Handling Russian Diesel

New Jersey Governor Mikie Sherrill is warning port and terminal operators not to accept Russian diesel shipments heading toward the U.S. East Coast, arguing that the Trump administration’s authorization of...

Australia Bans Bulk Carrier Over Repeated Falsification of Crew Rest Records

The Australian Maritime Safety Authority (AMSA) has banned a Marshall Islands-flagged bulk carrier from Australian ports for 90 days after inspectors discovered that crew work and rest records had been...

Hapag-Lloyd, ONE Warn Most Cargo Lost in Massive Containership Fire

Hapag-Lloyd and Ocean Network Express (ONE) are warning customers that most of the cargo aboard the fire-damaged containership Espirito Santo Express is likely severely damaged or a total loss, more...

Former USS Enterprise Begins Final Voyage to Alabama for Dismantling

The former USS Enterprise (CVN 65), the world’s first nuclear-powered aircraft carrier, departed Newport News Shipbuilding in Virginia under tow on Monday, November 2, beginning its final journey to Mobile,...

US, Turkmenistan discuss trade, investment and Trans-Caspian connectivity

Uzbekistan, Hungary discuss logistics hubs to boost EU trade access

Azerbaijan-Greece trade rises to $715.7 million, up more than 50% since 2024

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.

Food Spending in Kazakhstan Tops Half of Consumer Budgets

Kazakhstan, Central Asia’s largest economy, ranks among the ten countries with the highest shares of consumer spending devoted to food in an international comparison. National figures show that food purchases continue to consume more than half of household consumer budgets despite rising cash incomes. According to int…

Kazakhstan Signs Alatau City Agreements With $1.3 Billion Investment Potential

Kazakhstan has signed nine agreements with international partners in London to support the development of Alatau City in Almaty Region. The government estimates their combined investment potential at $1.3 billion. The agreements cover infrastructure construction and the development of education and healthcare. The agr…

War Widens in the Black Sea in a Test of NATO Red Lines

After seven strikes on cargo ships near NATO members Romania and Bulgaria last month, the US-led military alliance said it would deploy maritime patrol aircraft, radars and drones to bolster its eastern flank in the Black Sea.

Kazakhstan Tiger Reintroduction: Second Amur Tiger Released into the Wild

Kazakhstan has released a second Amur tiger into the wild as part of a program to restore the big cats to Central Asia. The male, named Amur, was freed in the Ile-Balkhash State Nature Reserve in southeastern Kazakhstan on October 31. The first tiger, a female named Umit, was released on July 31. According to Kazakhst…

Osinovsky Pass Bypass Opens in Kazakhstan After Years of Delays

A new road bypassing the Osinovsky Pass in eastern Kazakhstan opened to traffic on October 30 , offering motorists an alternative to a route frequently subject to winter travel restrictions. The bypass’s centerpiece is a 175-meter bridge across the Pikhtovka River, rising up to 45 meters above a gorge. The constructio…

Kazakhstan and China Discuss $200 Million Fund for Middle Corridor

Kazakhstan and China are discussing a joint investment fund with a preliminary target of up to $200 million to develop the Trans-Caspian International Transport Route, the Kazakh government said on November 2. The route, also known as the Middle Corridor, connects China and Europe through Kazakhstan, the Caspian Sea, …

Azerbaijan's electric vehicle imports plunge 56% in first nine months of 2026

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...

Two Locations Considered for Kazakhstan’s Third Nuclear Power Plant

Kazakhstan is considering two possible locations for its third nuclear power plant: the city of Kurchatov in the east of the country and an as-yet-unspecified site in western Kazakhstan. Almassadam Satkaliyev, chairman of the Atomic Energy Agency, outlined the options at a parliamentary committee meeting on November 2…

Kazakhstan Resumes Oil Exports Through Russian Pipeline After Drone Attack

Kazakhstan resumed oil shipments through the Atyrau-Samara pipeline on November 3, a day after a drone attack on a Russian transit hub forced pumping to stop. The disruption again exposed the vulnerability of Kazakh exports to attacks on infrastructure beyond the country’s borders. The attack targeted facilities at th…

Azerbaijan bets on Caspian winds to build its next energy export industry

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, Azerbaijan discuss expansion of Middle Corridor

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.

Azeri Light oil price falls 7.66% per barrel

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.

Cargo ship hit in Strait of Hormuz, one person killed

An Indian cargo vessel carrying 14 crew members has come under an aerial attack off the coast of Oman, leaving one sailor dead.

The neutral capital: Could Ashgabat become a channel for U.S.-Iran de-escalation?

Central Asian Museum Experts Visit U.S. to Study Heritage Preservation

A group of museum workers and other cultural heritage specialists from Central Asia are currently in the United States to study preservation practices and exchange experiences with counterparts at the Getty Museum and other American institutions. Experts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbek…