International News
Ukraine’s halt of Russian gas transit raises supply, price concerns
Valletta, Jan 2: The halt in Russian gas transit through Ukraine has sparked fears of supply shortages and soaring energy costs, particularly in landlocked European nations like Slovakia.
Both Ukraine and Russia announced the stoppage on Wednesday, pushing some EU countries to resort to costlier energy alternatives.
Slovak Prime Minister Robert Fico on Wednesday said that stopping gas transit through Ukraine to Europe will have “severe consequences for all of us in the European Union (EU), but will not harm Russia.”
The stoppage follows Ukraine’s decision not to renew a 2019 gas transit agreement between its state-run Naftogaz and Russia’s Gazprom, which expired on December 31, 2024.
“At 07:00 a.m. (0500 GMT), in the interests of national security, the transportation of Russian natural gas through the territory of Ukraine was stopped,” the Ukrainian Energy Ministry said in a statement on Wednesday. Similarly, Gazprom confirmed that it has stopped gas supply due to expiration of key agreements and Ukraine’s refusal to renew them.
In a letter to the European Commission (EC) on Sunday, Fico condemned Ukraine’s gas transit halt as irrational and warned it would heighten tensions and harm the EU more than Russia. He also indicated his government might consider measures such as cutting electricity supplies to Ukraine.
Slovakia, heavily dependent on Russian gas, is among the worst-hit countries. It imported approximately 3 billion cubic metres of natual gas from Russia through Ukraine annually, accounting for two-thirds of its demand.
However, the EC has downplayed the potential impact, with a spokesperson saying that the European gas infrastructure is “flexible enough” to provide gas of non-Russian origin to central and eastern Europe via alternative routes, and that it has been reinforced with significant new liquefied natural gas (LNG) import capacities since 2022.
Mark Cigoj, editor-in-chief of the Croatian weekly 7 Dnevno, has said that Slovakia, Austria, and Hungary are particularly vulnerable, given their reliance on Russian gas and lack of direct access to LNG imports.
Slovakia’s Regulatory Authority for Network Industries, the country’s energy regulator, has forecasted household gas price increases of 15-34 per cent in 2025 without state energy assistance.
To cushion the impact, the Slovak government has allocated around 235 million euros ($244 million) for energy aid, further straining the country’s already tight budget.
SPP, Slovakia’s state-owned gas utility, on Wednesday assured continued supply but acknowledged the increased costs of alternatives. Moldova, which imports approximately 2 billion cubic metres of gas annually from Russia via Ukraine, has enacted measures on Wednesday to cut electricity usage by at least 30 per cent.
The measures include limiting street lighting, stopping escalators in some public and commercial buildings, and changing the working hours for high-energy-consuming areas.
In 2023, roughly 15 billion cubic metres of Russian gas were transported via Ukraine to Europe, accounting for around 5 per cent of Europe’s needs. Following the halt of Ukraine transit, the TurkStream pipeline under the Black Sea becomes the sole remaining route for transporting Russian gas to Europe.
According to the EC, the share of Russia’s pipeline gas in EU imports has plummeted from over 40 per cent in 2021 to about 8 per cent in 2023.
However, Cigoj noted that the EU must develop a clear plan for coordinating gas purchases among member states, warning that higher margins and transport costs will drive up gas prices, further fueling inflation.
While many European countries have significantly reduced their reliance on Russian gas since the outbreak of the Russia-Ukraine conflict, nations like Slovakia, Hungary, and Austria remain dependent on it.
Slovak Vice Premier and Economy Minister Denisa Sakova said on Tuesday that Slovakia is technically well-prepared for the stoppage of gas supplies, as the country has sufficient gas reserves and alternative gas supplies for the year of 2025.
However, she warned of challenges if the issue persists into the winter heating season next year.
Obviously, European countries will have to organise themselves to purchase significantly more expensive gas from other sources in the future, Cigoj said.
Markus Krug, deputy head of the gas department at Austria’s energy regulator E-Control, has said that Russian gas would likely continue to flow through Turkey, supplying Hungary.
He estimated that Slovakia’s gas supply could primarily come from Hungary, the remainder from Austria, the Czech Republic and Poland.
The TurkStream gas pipeline, with an annual capacity of 31.5 billion cubic metres, offers limited capacity to absorb increased demand. To address the shortfall, the EU will have to rely more heavily on LNG imports, which come at a significantly higher cost.
International News
Iran says transferring enriched uranium to US never an option

Tehran, April 18: Iran will not transfer its enriched uranium to a foreign country, and sending it to the United States has never been under consideration, Iranian Foreign Ministry spokesman Esmaeil Baghaei said.
Baghaei, speaking on state-run IRIB television, said that recent public statements by Foreign Minister Seyed Abbas Araghchi were made within the framework of the ceasefire between Iran and the United States announced on April 8, not as signals of a new diplomatic opening.
Earlier on Friday, Araghchi said the Strait of Hormuz would remain “completely open” to commercial shipping for the duration of the current truce between Iran and the United States, Xinhua news agency reported.
Baghaei moved to clarify the foreign minister’s position, saying that following a ceasefire in Lebanon on Friday, Tehran chose to apply safe-passage conditions outlined in its agreement with Washington to vessels transiting the strait.
“We have reached no new agreement,” he said. “The ceasefire agreement is the one announced on April 8.”
He accused the United States of failing, from the outset of the truce, to honor a commitment to extend its terms to Lebanon, a provision Iran insists was included in the April 8 agreement. Washington and Jerusalem have rejected that characterization.
Baghaei also warned that Iran would take “countermeasures” if a United States naval blockade of the Strait of Hormuz persisted. He said no talks on extending the ceasefire had taken place, and that mediation efforts led by Pakistan remained focused on ending the conflict and protecting Iran’s interests.
Iran tightened its grip on the strait beginning February 28, when it barred safe passage to vessels belonging to or affiliated with Israel and the United States following joint strikes on Iranian territory. The United States subsequently imposed its own blockade, preventing ships traveling to and from Iranian ports from transiting the waterway after peace negotiations in Islamabad collapsed over the weekend.
Axios reported Friday, citing people familiar with the talks, that a second round of United States-Iran negotiations is expected to take place in Pakistan this weekend, most likely on Sunday.
International News
Macron says Iran’s announcement of reopening Hormuz goes in right direction

Paris, April 18: French President Emmanuel Macron said that Iran’s announcement of reopening the Strait of Hormuz goes in the right direction.
Macron made the remarks in a joint declaration following a conference co-hosted by France and Britain in Paris on Friday (local time), which brought together 49 countries to discuss securing freedom of navigation in the Strait of Hormuz.
British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni attended the meeting, while officials from across Europe, Asia, Latin America and the Middle East joined by video conference, reports Xinhua news agency.
Macron welcomed the ceasefire in Iran and Lebanon, describing it as a positive development. However, he stressed that it’s necessary to remain vigilant.
“We all oppose any restriction, any agreement regime that would effectively amount to an attempt to privatise the strait, and obviously any toll system,” he said.
He also announced that a neutral, independent mission would be set up to ensure the openness of the Strait of Hormuz, noting that a planning meeting was scheduled for the following week in London.
Starmer, for his part, expressed the hope that talks would resume and a lasting agreement would be reached.
He said France and Britain will lead a multinational mission to safeguard shipping as soon as conditions allow, noting that the mission will be strictly defensive and intended to reassure shipping and support mine-clearing operations.
Around a dozen countries were ready to contribute assets to the defensive mission, Starmer noted.
Meloni said that it was necessary to ensure the absence of mines and guarantee the safety of vessels transiting through the strait in order to reassure the maritime shipping sector, adding that Italy stood ready to deploy its naval units in a strictly defensive posture.
Germany “will participate in the ongoing military planning discussions” and “we would welcome, if possible, participation from the United States,” Merz said.
International News
Netanyahu says Israel to maintain 10-km security zone in southern Lebanon during ceasefire

Jerusalem, April 17: Israeli Prime Minister Benjamin Netanyahu said that even after the ceasefire with Hezbollah takes effect, Israel will maintain a 10-km security zone in southern Lebanon.
Netanyahu’s videotaped statement followed US President Donald Trump’s announcement of a ceasefire, agreed to by Netanyahu and Lebanese President Joseph Aoun, set to take effect at 5 p.m. US Eastern Time (2100 GMT).
The Israeli prime minister noted that he had rejected Hezbollah’s demand for an Israeli withdrawal to the international border, and that Israeli forces would remain in a security zone in Lebanon, Xinhua news agency reported.
He argued that this buffer zone would help prevent “invasions” and anti-tank fire into northern Israeli communities.
Netanyahu also said, “We have an opportunity to make a historic peace agreement with Lebanon,” adding that Trump intends to invite him and Aoun to advance such a deal.
He claimed that this opportunity exists because Israel has fundamentally changed the balance of power in Lebanon, noting that Israel has received calls from Lebanon over the past month for direct peace talks.
The prime minister noted that Israel has two main demands in these talks — the disarmament of Hezbollah and a lasting peace agreement.
Turning to Iran, Netanyahu claimed that Trump told him that he was “tremendously determined to continue both the naval blockade and to dismantle Iran’s nuclear capability, what is left of it.”
He described these as “two very important moves that could fundamentally change our security and political situation for years to come.”
Trump on Thursday announced a ceasefire between Israel and Lebanon aimed at bringing a temporary cooling-off along another front linked to the Iran conflict.
He said that after speaking with Israeli Prime Minister Netanyahu and Lebanon’s President Joseph Aoun, the two sides agreed to a 10-day ceasefire beginning at 5 p.m. Washington time.
The ceasefire is expected to pause hostilities that escalated when Israel opened a new front targeting Iran-affiliated Hezbollah.
Lebanon is not directly engaged in a formal war with Israel, but Hezbollah controls large parts of southern Lebanon and has carried out attacks on Israel, prompting retaliatory strikes.
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