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Geoeconomics

EUROPE

HUNGARY:

  • A Hungarian oil and gas firm is indirectly about to give Russia a chance to finish its work on bypassing the Ukrainian gas transit and encircle the Central and Eastern European gas market. The energy trade route change helps to advance Russia’s geopolitical ambitions.

SOURCE: VISEGRADINSIGHT EU


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Geopolitics

EUROPE

EASTERN MEDITERRANEAN:

  • Turkey and Greece will hold talks on Thursday on Mediterranean gas row, after coming to the precipice of an open military conflict last year. The two sides have also clashed over the island of Cyprus and the flow of refugees between the neighboring countries.

SOURCE: DW


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SOUTH ASIA

INDIA:

  • India has emerged as the top buyer of US crude in the first quarter of calendar year 2021, after Saudi Arabia staved off India’s request to boost production to cool prices, and Indian refiners replaced some of the Saudi volumes with US cargoes at the behest of the government.

SOURCE: THE HINDU BISINESS LINE


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SOUTH ASIA

CHINA:

  • China is planning a mega dam in Tibet stoking fears in neighbouring India that in reactions has floated the prospect of building another dam on the Brahmaputra.

SOURCE: TIMES OF INDIA


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SOUTH ASIA

PAKISTAN:

  • Russia is going to supply LNG to Pakistan, after the two countries discussed deepening bilateral ties, including in energy and trade, earlier this week. The construction of the Pakistan Stream gas pipeline, the flagship energy cooperation project between the two countries, could play an important role in this.

SOURCE: RT


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MIDDLE EAST

IRAQ:

  • The US and Iraq reiterated their mutual intention to continue bilateral security coordination and cooperation,” stressing that the redeployment of the US and coalition forces is based on “the increasing capacity of the Iraqi forces.”

SOURCE: ASHARK AL-AWSAT


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EUROPE

NORD STREAM 2:

  • The White House is in talks to appoint a special envoy to lead negotiations on halting the construction of Russia-to-Germany gas pipeline Nord Stream 2, as Washington looks for ways to hinder completion of the pipe set to deliver Russian gas to Europe bypassing Ukraine. The potential appointment of an envoy indicates a new strategic focus by the administration.

SOURCE: UNIAN


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SOUTH ASIA

INDIA:

  • India will begin full-scale operations in its first foreign port venture at Iran’s Chabahar, a facility that opens on the Gulf of Oman that will aim to facilitate more South Asia, Central Asia and West Asia trade. It represents a clear and potent commercial challenge to China’s massive port investment in neighboring Pakistan’s Gwadar, a key component of Beijing’s Belt and Road Initiative (BRI).

SOURCE: TEHRAN TIMES


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AFRICA

SUDAN-ETIOPIA:

  • US Secretary of State Antony Blinken has pressed for an easing of tensions between Sudan and Ethiopia as fears grow of a spillover from the bloody Tigray conflict. The fertile area claimed by both countries has seen a rise in skirmishes as Sudan sends in troops, which Ethiopia has described as an invasion.

SOURCE: THE ARAB WEEKLY


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EURASIA

UKRAINE:

  • President Volodymyr Zelenskiy called on NATO to lay out a path for Ukraine to join the Western military alliance, after days in which Russia has massed troops near the conflict-hit Donbass region.

SOURCE: REUTERS


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