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Putin meets Xi to discuss stalled Power of Siberia 2 gas pipeline amid Iran war energy disruption
Developing
Energy·5/20/2026AI summary

Putin meets Xi to discuss stalled Power of Siberia 2 gas pipeline amid Iran war energy disruption

Russian President Vladimir Putin met Chinese leader Xi Jinping in Beijing to discuss the Power of Siberia 2 gas pipeline. Pricing, financing, and delivery timelines remain unresolved for the 2,600km pipeline, which would carry 50 billion cubic meters of gas annually. The Iran war's disruption of energy supplies adds urgency, but analysts are skeptical it will alter China's negotiating stance.

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CNBC
Middle Eastern Nations Revive Overland Trade Routes Amid Maritime Disruptions
Developing
Business·5/3/2026AI summary

Middle Eastern Nations Revive Overland Trade Routes Amid Maritime Disruptions

Middle Eastern governments are reviving decades-old proposals for overland oil and gas pipelines while developing new rail-sea transport corridors in response to wartime disruptions of key maritime routes through the Strait of Hormuz and Red Sea. Led by Saudi Arabia, Turkey and the UAE, the initiative aims to create a new trade architecture linking the Indian Ocean to the Mediterranean, reducing dependence on vulnerable Persian Gulf infrastructure.

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SCMP Economy