Month: June 2026
By Charles Kennedy – Jun 01, 2026, 2:30 PM CDT
Turkey and Azerbaijan are looking to create an electricity corridor to boost energy connectivity between Azerbaijan and southeast Europe, Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, said on Monday.
“We are going to create the electricity version of TANAP,” the Turkish official said at the Baku Energy Week in Azerbaijan, referring to the Trans-Anatolian Natural Gas Pipeline (TANAP), the first pipeline leg of the Southern Gas Corridor that ships gas from Azerbaijan to Europe through Turkey.
Turkey also plans to upgrade its electricity transmission and distribution system with investments estimated at $30 billion over the next decade, the minister said at the Baku conference, as carried by Reuters.
As countries look to strengthen their regional cooperation and reliance on homegrown resources, Turkey and Azerbaijan are expanding the bilateral energy partnership into electricity and the potential electricity corridor, which could include Georgia and Bulgaria, too.
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Early this year, Azerbaijan’s power transmission grid operator AzerEnergy launched construction of Azerbaijan’s sections of a planned line that ultimately can connect Azerbaijan and Europe via the TRIPP corridor and Turkey, Eurasianet reported.
In addition to the new power lines, AzerEnergy has also announced plans to build a 230-kilometer-long 400 kV transmission line from Nakhchivan to Turkey.
Once constructed, the 400kV line would form the backbone of power transmission infrastructure for Central Asia exports to Europe. Azerbaijan is also working with Georgia, Romania, and Hungary on a trans-Black Sea power transmission project, in addition to the EU route via Turkey.
Meanwhile, TANAP and the Trans-Adriatic Pipeline (TAP), which connect at the Evros area of Kipoi at the Greek-Turkish border, have come to play a key role in Europe’s energy security as they have delivered large volumes of natural gas from Azerbaijan to EU member states.
Azerbaijan is raising its gas production and exports as Europe’s import needs of non-Russian gas have soared since the Russian invasion of Ukraine in 2022.
By Charles Kennedy for Oilprice.com
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“There will be no dialogue” until Iran’s demands on “immediate cessation” of Israeli operations in Gaza and Lebanon are secured, it reported, News.az reports, citing Xinhua.
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A ceasefire in Lebanon is one of Iran’s preconditions for accepting the April truce with the United States, but the truce has now been violated on all fronts, it reported.
It added that Iran and its allies have determined “on the agenda to completely block the Strait of Hormuz, and to activate other fronts, including the Bab el-Mandeb Strait,” in retaliation.
Earlier in the day, Iranian Foreign Minister Seyed Abbas Araghchi said in a social media post that violating the ceasefire between Iran and the United States on any front equals violating it on all fronts.
Iran’s Parliament Speaker Mohammad Bagher Ghalibaf said the U.S. anti-Iran naval blockade and Israel’s escalation of “war crimes” in Lebanon are “clear evidence of U.S. noncompliance with the ceasefire.”
Meanwhile, Iranian Foreign Ministry spokesman Esmaeil Baghaei told a weekly press conference that U.S. “new and contradictory” demands have prolonged the process of negotiations to end the war.
Iran and the United States reached a ceasefire on April 8 after 40 days of fighting. They then held one round of peace talks in Pakistan’s Islamabad on April 11 and 12, which failed to yield an agreement.
Over the past weeks, the two sides reportedly exchanged several proposed plans outlining conditions for peace through Pakistan’s mediation, and are working to finalize a memorandum of understanding aimed at ending the war.
Israel and Lebanon reached a ceasefire in mid-April, despite which Israel has continued near-daily strikes in Lebanon, while Hezbollah has launched attacks on Israeli military positions.
On Sunday, Israel claimed having captured southern Lebanon’s Beaufort Ridge, including the strategic castle at its summit, an area beyond the “security zone” Israel has maintained since its ceasefire with Lebanon.
The move, which media reports called Israel’s “deepest advance into Lebanon” in over 20 years, was condemned by the Arab world, as well as France, Germany and Britain.
Earlier on Monday, Israeli Prime Minister Netanyahu and Defense Minister Israel Katz said in a joint statement that they had ordered the military to strike Beirut’s southern suburbs, citing “repeated Hezbollah violations” of the ceasefire in Lebanon. Katz later vowed to turn the area of southern Lebanon’s Litani River into a military-controlled zone, and to continue striking Beirut until Hezbollah stops attacks.
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Sonko said in a post on X that he met on Monday with President Bassirou Diomaye Faye, his ally-turned-rival, and that “points of disagreement” emerged about the role of Pastef, which holds a large parliamentary majority, within the executive branch, News.az reports, citing Reuters.
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Therefore Pastef “will not participate in the next government and will not be represented by any ministers,” Sonko said.”We wish the new team every success.”
Faye sacked Sonko and dissolved the government on May 22, then appointed seasoned economist Ahmadou Al Aminou Lo as a replacement.
Lawmakers rebelled against Faye’s decision last week by reinstating Sonko as a member of parliament and overwhelmingly backing him as speaker with the support of 132 lawmakers in the 165-member assembly.
The upheaval, following months of mounting tensions between Faye and Sonko, comes as Senegal tries to navigate economic woes stemming from the discovery in 2024 of misreported debt by the previous government.
The International Monetary Fund froze its $1.8 billion lending program with Senegal following the discovery of the debt, which pushed the country’s end-2024 debt level to 132% of its economic output.
Senegal expects to resume talks with the IMF next week and hopes to reach agreement on key points by June 30, the finance minister said last month.
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Aryna Sabalenka came out victorious from a heavyweight clash with fellow four-time Grand Slam champion Naomi Osaka on Monday night at the French Open, keeping her hopes alive for her first Grand Slam title away from hard courts still intact, News.Az reports.
Sabalenka secured the win with a 7-5, 6-3 scoreline in a contest that highlighted her variety and courage against one of the few players capable of matching her groundstrokes, shot for shot.
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Osaka’s career-best run at French Open came to an end in the fourth round as a result.
With this victory, Sabalenka moves forward to face Russia’s Diana Shnaider in the quarterfinals.
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