North Asia

Azerbaijan has evacuated its diplomats to Iran, according to Foreign Minister Jeyhun Bayramov on Friday. This comes a day after Baku claimed that four Iranian drones crossed the border into Azerbaijan and injured four people at Nakhchivan. Bayramov, speaking at a press conference in Baku said that Azerbaijan is evacuating its employees from its embassy in Tehran and consulate in Tabriz. Tabriz is the largest city in Iran's northwestern region, where ethnic Azerbaijanis reside. On the orders of President Ilham Aliyev instructions were given to evacuate our embassy in Tehran, as well as the consulate in Tabriz, from Iran. These...

Azerbaijan’s Foreign Ministry lodged an official protest at the Iranian Embassy on Thursday, after a pair of Iranian drones crossed the border and injured two people in a Nakhchivan airport. The?foreign minister said that the attack on Azerbaijan's territory violates international law and its principles and contradicts them. "We demand the Islamic Republic of Iran to clarify the matter as soon as possible, provide an explanation, and take the necessary urgent measures in order to prevent similar occurrences in the future." Baku reported that the Iranian ambassador in Azerbaijan was summoned by Baku to receive an official protest note. Azerbaijan...

The Ukrainian Sea Ports Authority reported late Wednesday that a Russian drone had damaged a civilian Panama-flagged ship transporting 'corn near the Ukrainian port of 'Chornomorsk' in the Black Sea Odesa area. The ports authority announced on Telegram that the vessel was struck while it was en route to leave the port, but did not specify the extent of damage. The Ukrainian Navy said that one crew member was injured?in an attack on the "BULL", which had left the port and was headed towards the Bosphorus Strait. A statement posted on social media stated that the captain refused to assist...

The Ukrainian Sea Ports Authority reported late Wednesday that a Russian drone had damaged a civilian Panama flagged vessel transporting corn in the Black Sea Odesa area near the Ukrainian port of Cronomorsk. The port authority said that the vessel was struck while it was en route out of the harbor and that some crew members were injured. They did not specify the extent of damage or how many crewmembers had been injured. Odesa is the hub port for 90% of Ukraine's exports. In recent months, Russia has attacked Ukraine's ports and maritime export routes, which are vital for its...

Data from LSEG and market sources showed that Russia's seaborne gasoil and diesel exports dropped 21% last month compared to the previous one. This was due to harsh weather conditions and unplanned refinery repairs disrupting fuel loadings. The sources say that the ultra-low-sulphur exports from Primorsk in the Baltic fell to 1.563 millions tons last month from a record of 2.256 million tons the previous month, due to severe frosts in the Baltic Sea and unplanned refinery maintenance. Since mid-February, non-ice-class vessels are barred from entering Primorsk. Ust-Luga and Vysotsk have also been restricted. However, icebreakers escorting ice1 and ice2...

Global airlines halted flights across the Middle East Saturday, after Israel and the United States launched attacks on Iran. The strikes plunged the region into another military conflict. As Israel claimed to have struck Iran and the U.S., flight?maps showed that the airspace above Iran, Iraq Kuwait, Israel and Bahrain was virtually empty. The?military launched a series strikes against the targets within the country. Iran responded with a salvo missiles. According to Cirium's preliminary data, airlines cancelled nearly 40% of flights into Israel on Saturday and 6.7% to the rest of the region. Witnesses reported explosions in Doha in Qatar,...

The volume of grain delivered to Ukraine's Black Sea ports for export has risen by 2% in February, compared to a year ago, but remains below the February 2025 levels. This was announced on Thursday by Ukrzaliznytsia, a state railway. In a report, the railway stated that it has delivered approximately 2 million metric tonnes of grain this month. This is down 1.4% compared to a year ago. The company stated that "this year, we will face new challenges: attacks on rail infrastructure and power substations which didn't happen last year." An anonymous source in the transport industry, who asked...

The Caspian Pipeline Consortium (CPC), which transports oil from Kazakhstan to a terminal on the Russian Black Sea, increased its exports last year by 12%, reaching 70.52 millions metric tons. CPC, which is responsible for delivering'more than 1% of the world's oil, has been under scrutiny due to a number of disruptions in its operations. This includes a drone attack by Ukraine on November 29 that damaged a vital piece of exporting equipment. CPC, according to three industry sources earlier this month, plans to increase CPC Blend crude exports to 1.7 million barrels per day (bpd), up from 1.1million bpd...

Mykhailo Federorov, Ukraine's Minister of Defence, said that the country will speed up the installation of a?anti-drone?net over the roads in the frontline areas, with a goal of covering 4,000 km of roads?by the end of the year. The Russians have been using the remotely controlled aircraft to target military supply routes, and bases in Ukraine. The drones also targeted hospitals, infrastructure, and civilian traffic. Fedorov stated that a growing number of nets have been installed in the last year. However, more are needed. He added that an extra 1.6 billion hryvnias (37 million dollars) has been 'allocated to the...

Ukraine's emergency service and a government official confirmed that a Russian attack on Ukraine's southern Odesa area overnight killed two people and injured three, respectively. Two people were killed when a Russian Drone fell on a truck-stop, causing an fire, according to the Telegram messenger. Oleksiy Kuleba, Infrastructure Minister Oleksiy Kuleba, said on 'Telegram' that Russia has attacked the port infrastructure in Odesa?region. "This is another blow to port infrastructure and civilian logistics." Kuleba said that Russia is attacking non-military facilities to undermine the economy of the area and the country as a whole. He claimed that the storage area...

Officials said that Russian forces had pounded Ukrainian energy infrastructure in the days before a new round of peace talks, killing three workers and leaving tens thousands without heat or electricity. Volodymyr Zelenskiy, President of Ukraine, condemned the overnight attacks on 12 Ukrainian regions. The strikes occurred hours before scheduled trilateral talks in Geneva between Kyiv and Moscow. Zelenskiy, writing on?X and calling for "justice" and "strength", said that the combined strike was calculated to cause as much harm as possible to our sector of energy. This winter, Russia has repeatedly attacked Ukrainian energy facilities, knocking out heating and power....

The governor of Russia's Krasnodar Region said that a Ukrainian drone had 'damaged' the 'Black Sea port' of Taman in Russia, which handles oil, grain, and coal, among other commodities. Veniamin kondratyev, in a Telegram post, said that two people were injured when an oil storage tank and warehouse, as well as terminals, suffered damage?in Volna Village, which is the site of Taman Port. Kondratyev stated that more than 100 people worked to extinguish several fires in the port. Separate attacks on the resort city of Sochi and the village of Yurovka near the seaside town Anapa had caused less...

The International Energy Agency reported on Thursday that Russia's crude-oil?and refined products?and revenues decreased in February to reach their lowest levels?since the onset of the Ukraine conflict 2022. Russia's commodity revenue is a crucial?part of state budget proceeds, and it is?needed to support increasing military expenditures. Since the beginning of the Iran War at the end of February, Russian oil prices have increased. The Paris-based IEA reported that Russia's crude exports decreased by 410,000 barrels a day from January to 4.2 millions?barrels a day. The drop was caused by the?reduction of exports to India after 'Washington discouraged Russia from cooperating...

Officials said that Hungary sent a fact finding?mission to Ukraine on Wednesday to investigate the Druzhba?pipeline?outage. Budapest is looking to restart the?flows?of oil amid rising global prices linked to the Middle East war. Since January, when oil flow stopped in the Druzhba Pipeline, Budapest and Kyiv have been locked in a diplomatic conflict. Viktor Orban has given a prominent place to his anti-Ukrainian rhetoric in his campaign for an April 12 election. Hungary blocked a new EU sanction against Russia, as well as a large loan to Ukraine due to the dispute. In a recorded Facebook statement, Gabor Czepek, the...

Yerlan AKkenzhenov, Energy Minister, said on 'Wednesday' that Kazakhstan oil and.gas condensate.production.this year.is.expected to.reach between 96 and 98 millions metric tons. This is below the 100.5 million tons planned. According to calculations, this would equal up to 2 million barrels of oil per day. calculations. Akkenzhenov, who spoke to reporters in the country's parliament, said that the shortfall is due to Ukrainian attacks against?the Caspian Pipeline Consortium which carries the majority?of Kazakhstan oil exports to Novorossiysk port, as well disruptions at Tengiz, the largest oilfield of the country. Tengiz suffered a series of outages in January that resulted in the...

According to calculations made by? Calculations on Tuesday. The cost of shipping vessels from Russia's Baltic Sea port to India has risen sharply, according to traders. Robert Fico, the Slovakian Prime Minister, said that after meeting with EU chief Ursula von der Leyen on Tuesday they agreed to resume oil transit through the Druzhba pipe via Ukraine and appreciated EU's readiness for financial and technical assistance for repairs. PLATTS WINDOW * There were no?bids on Tuesday for Urals or?Azeri BTC, and CPC blend, traders said. Donald Trump, the U.S. president and Vladimir Putin, his Russian counterpart discussed the war in...

An official ticketing office said in Beijing on Tuesday that tickets for the first passenger trains?in six-years from Beijing to Pyongyang's capital were sold out before its departure date of?March 12?. The return of rail service suspended in 2020 due to the COVID-19 pandemic, restores an important transport link between North Korea and its main economic ally. According to the Beijing ticketing office, entrepreneurs, government officials, and journalists purchased tickets for the trip, which was restricted to those with business visas. Tickets are still available for the service scheduled for 18 March. North Korea is still largely closed to tourists...

The data and calculations from trade sources show that the loadings of ultra-low sulphur diesel from the Baltic Sea port of Primorsk between March 1-10 will have risen to a total of 630,000 metric tonnes. This would be an increase of 13% from the 560,000 tons produced in February. Primorsk's diesel exports are increasing as the harsh weather has caused a storage of cargos. After unplanned maintenance several?refineries have also been brought back into operation, increasing fuel production at a time when domestic demand is still low. The traders stated that the global demand for diesel fuel, driven by the...

The Unification Ministry of South Korea announced on Tuesday that passenger train services between Pyongyang, North Korea and Beijing will resume this week. This marks the end of a six-year suspension due to the COVID-19 Pandemic. After years of border closures, which began in early 2020, the resumption of traffic restores an important transport link between North Korea's primary economic ally and itself. China's State Railway?told Yonhap News Agency the Pyongyang to Beijing train would?begin round-trip service starting March 12 and operate four times per week. Yonhap reported that only 'the last two carriages would initially carry passengers, mostly diplomats...

Slovak PM Robert Fico announced on Sunday that he will meet with EU chief Ursula von der Leyen, on Tuesday. Slovakia and Hungary are increasing pressure on Ukraine to resume Russian oil flow, while warning Slovakia it could block a large EU loan to Kyiv. Since late January, Russian oil has been stopped flowing through the Druzhba Pipeline to Hungary and Slovakia. Kyiv claimed that a Russian attack had caused an 'incident' which seriously damaged the pipeline. The outage has ignited one of the most heated arguments between the two neighbours since Russia's full-scale invasion in Ukraine 2022. Ukraine claims...

Azerbaijan has said that it prevented several "terrorist" sabotage plots by Iran's Islamic?Revolutionary?Guard?Corps (IRGC), which included a plot to target a major oil pipeline running -through the South –Caucasus and into?Turkey. According to the Azertag news agency, a statement from the State Security?Service late Friday night, targets included the Baku, Tbilisi, Ceyhan (BTC), oil pipeline and the Israeli Embassy in Azerbaijan. Also, there was an Ashkenazi Synagogue as well as a leader of an ancient Jewish group in Azerbaijan known by the Mountain Jews. Iran has not responded to the statement. BTC is a pipeline that travels through?Georgia, Turkey, and...

The schedule showed that the differentials between dated Brent and Urals crude jumped in 'the Indian market due to supply shortages brought on by 'the conflict in Iran. Meanwhile, exports of Azeri BTC from Ceyhan were expected to increase next month. Reports on Thursday indicated that traders are selling Russian Urals at a premium to Brent of $4-5 per barrel upon arrival in Indian ports between March and April. This is after the United States granted Indian refiners an 'waiver' to resume purchasing Russian oil. Calculations on Friday showed that the grade's discount on Brent at the Russian Baltic Sea...

SPP, Slovakia's national?gas?company?, amended its long-term?contract?with Gazprom? to align it with European regulation and continue to import Russian?gas?, it announced on Friday. After talks, sources claimed that the discussions were to increase volumes before an EU prohibition on Russian?gas? kicks in later next year. EU gas prices have increased by 50% in the last week, after Qatar stopped exporting liquefied gas following U.S., Israeli and Tehran's response to U.S. and Israeli attacks on Iran. SPP started?the discussions before the conflict erupted. SPP stated that the amendment was intended to align the long-term contracts with the EU RePowerEU? plan to wean...

Hungary's Oil and Gas Company?MOL announced on Friday that capacity testing on the Adria oil pipeline will begin on March 11, and last for 10 months. The company is attempting to find alternative routes as Russian crude oil supplies are set to cease at the end 2027. MOL, the operator of refineries in Hungary, Slovakia and Romania, has expressed concerns about whether or not the Adria Pipeline can meet their needs. JANAF, a Croatian operator, dismissed these concerns. Hungary and Slovakia want to continue receiving supplies from Russia, and are exempted?from the current European Union sanctions. Adria is a viable...