Central Asia

China’s Foreign Investment Jumps as Beijing Bypasses Iran and Russia

While China’s overseas investment in Belt and Road Initiative projects surged by 62 percent last year compared to 2024, exceeding $85 billion, two sanctioned countries—Russia and Iran, which ironically consider themselves China’s most important partners—received almost none of these investments. A new report by the Green Finance & Development Center shows that the value of Chinese construction […]

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Stunning aerial view of Baku's Flame Towers with the Caspian Sea in the backdrop.

As Caspian states pursue energy growth, Iran watches

As Azerbaijan and other Caspian Sea states deepen partnerships with Western energy companies to extract more oil and gas from aging offshore fields, Iran stands apart as the only Caspian littoral country that produces no hydrocarbons from the sea at all. Across the region, governments are racing to modernize reservoir management as competition for long-term

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Are Russia and Iran Losing Turkey’s Gas Market?

ByDalga Khatinoglu After Turkey signed several long-term contracts for U.S. liquid natural gas (LNG) imports, Reuters reported that Russia and Iran’s share of Turkey’s gas market is increasingly at risk – especially as Ankara’s gas purchase contracts from the Blue Stream pipeline in Russia are set to expire within months, while its 20-year gas import deal with Iran will

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