Russia to Lease Syria’s Tartus Port for 49 Years

Russian naval vessels taking part in a Russia Navy Day celebration in the Syrian port of Tartus. (Handout picture official Syrian Arab News Agency (SANA)/AFP)
Russian naval vessels taking part in a Russia Navy Day celebration in the Syrian port of Tartus. (Handout picture official Syrian Arab News Agency (SANA)/AFP)
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Russia to Lease Syria’s Tartus Port for 49 Years

Russian naval vessels taking part in a Russia Navy Day celebration in the Syrian port of Tartus. (Handout picture official Syrian Arab News Agency (SANA)/AFP)
Russian naval vessels taking part in a Russia Navy Day celebration in the Syrian port of Tartus. (Handout picture official Syrian Arab News Agency (SANA)/AFP)

Russian Deputy Prime Minister Yuri Borisov met with Syrian President Bashar al-Assad and discussed Moscow’s efforts to help the Middle Eastern country’s economic revival, as well as trade and economic cooperation “particularly in the fields of energy, industry and increasing trade,” according to Russian sources.

Assad and the Russian envoy also discussed mechanisms to overcome obstacles including those from the sanctions which “countries against the Syrian people imposed on Syria.”

“We have made considerable progress on that matter and hope that a contract will be signed within a week and the port of Tartus will be used by Russian businesses for 49 years," Borisov was quoted by Russia’s TASS news agency.

In December 2017, Russia’s Federation Council ratified an agreement between Moscow and Assad’s government on Russian forces' access to the naval base in Tartus.

A few days ago, Syrian state media reported a shortage in fuel which caused the rationing of available quantities, pointing out that this was due to the difficulties in importing fuel and the halting of credit line from Iran.

Syrian Foreign Minister Walid al-Mouallem said in a statement on Saturday carried by state-owned Syrian news agency (SANA) that "Syria is always coordinating with Iran".

On the other hand, news of leasing Tartus port caused widespread discontent among Syrians, who have been witnessing unprecedented economic distress for the past two weeks.

Syrian port workers are worried about the future of their work and the consequences of Russia's control over the port.

In 2017, Moscow and Damascus signed an agreement on the deployment of a Russian navy logistics support center in Tartus for the term of 49 years.

Russia and Iran are competing for influence in Syria. Moscow’s intention to lease Tartus port comes after Iran leased from the Syrian regime its commercial port of Latakia in October 2018.

During an unannounced visit to Tehran in February, Assad signed with his Iranian counterpart, Hasan Rouhani, an agreement allowing Iran to manage the commercial port of Latakia, which angered the Russian side.

Russia is looking to explore oil fields in Turkey, Iraq, Lebanon, and Syria, and establish a land bridge to Europe across the Middle East to strengthen its role as a major supplier of gas to Europe.

Moscow is also interested in Lebanon, especially that, over the past two years, trade exchange has doubled between the two countries. It is also eyeing the oil storage facility at Tripoli port, 30 kilometers from the Syrian border and 60 kilometers from the Syrian port of Tartus.

Sources in Damascus said that leasing Tartus port to Russia is a clear indication of the shared influence and control, especially that there are Iranian-Russian interests in using the Syrian territory to extend gas pipelines in the region and resume the railway project linking Iran, Iraq, and Syria.

Various media outlets reported Iranian and Russian forces are clashing in several areas, which SANA categorically denied saying no such thing occurred.

Soon after the news broke of leasing Tartus port, allies and opposition figures denounced the move, prompting social media activists affiliated with the regime to promote that the ports of Tartus and Latakia were operated by the Philippine’s International Container Terminal Services Inc up until 2011 when both ports were classified dangerous areas.

The pro-regime critics considered the lease a “tactical move by Syria” in the face of the economic war declared on it. They argued that this would restore activity to the quasi-paralyzed port as a result of the economic blockade, and will allow the import of food and oil to Syria.

Earlier, al-Watan newspaper, which is close to the Syrian government, disclosed in an article “Unprecedented Disclosure on Oil” that the serious shortage of fuel in Syria is due of Iran halting a credit line to Syria after US sanctions.

The newspaper pointed out that Syria daily needs 4.5 million liters of gasoline, 6 million liters, 7 thousand tons of fuel, and 12 hundred tons of gas, amounting to $200 million every month.

Meanwhile, Moscow has pushed for a political process involving talks on a new constitution and elections as a way to end the conflict, but Assad has played down the possibility that the Turkey-backed opposition or foreign countries might participate.

Russia’s Foreign Ministry said late on Friday that Assad met Moscow’s Syria envoy Alexander Lavrentiev, Deputy Russian Foreign Minister Sergei Vershinin, and several Russian Defence Ministry officials.

They discussed the formation of a constitutional committee, which Syria’s opposition last year agreed to join under UN auspices during Sochi peace conference.

SANA said meetings had focused on the next round of talks in Kazakhstan involving Syria, its allies Russia and Iran, and the rebels’ backer Turkey.



Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
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Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)

Turkish Foreign Minister Hakan Fidan on Wednesday ​met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the ‌agreement to ‌its ‌second ⁠phase, ​a ‌Turkish Foreign Ministry source said according to Reuters.

The source said the Hamas officials told Fidan that they had fulfilled ⁠their requirements as ‌part of the ‍ceasefire ‍deal, but that Israel's ‍continued targeting of Gaza aimed to prevent the agreement from ​moving to the next phase.

The Hamas members ⁠also said humanitarian aid entering Gaza was not sufficient, and that goods like medication, equipment for housing, and fuel were needed, the source ‌added.


Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
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Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)

The Israeli army said Wednesday that it had identified a Hamas financial official it killed two weeks ago in a strike in the Gaza Strip.

Abdel Hay Zaqut, a financial official in Hamas's armed wing, on December 13 in the same strike that killed military commander Raed Saad, seen by Israel as one of the architects of Hamas's October 7, 2023 attack.

The Israeli army's Arabic-language spokesperson, Avichay Adraee, said on Wednesday that Zaqut was killed while he was in a vehicle alongside Raed Saad in "a joint operation by the Israeli army and the Shin Bet", Israel's internal security agency.

Zaqut "belonged to the financial department of the armed wing" of Hamas, Adraee wrote on X.

"Over the past year, Zaqut was responsible for collecting and transferring tens of millions of dollars to Hamas's armed wing with the aim of continuing the fight against the State of Israel," he said.

Hamas's leader for the Gaza Strip, Khalil al-Hayya, confirmed on December 14 the death of Saad and "his companions", though he did not name Zaqut.

The Israeli army said Saad headed the weapons production headquarters of Hamas's military wing and oversaw the group's build-up of capabilities.

Since October 10, a fragile truce has been in force in the Gaza Strip, although Israel and Hamas accuse each other of violations.

The war began with Hamas's 2023 attack on Israel, which resulted in the deaths of more than 1,200 people, most of them civilians, according to an AFP tally based on official figures.

Israel's retaliatory campaign has killed more than 70,000 people in the Gaza Strip, according to the health ministry in the Hamas-run territory, a figure the UN deems is credible.


Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
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Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)

Lebanon’s Central Bank governor has expressed some reservations over a draft law allowing depositors to gradually recover funds ​frozen in the banking system since a financial collapse in 2019, a move critical to reviving the economy.

Karim Souaid described the proposed timetable for the cash component of deposit repayments as "somewhat ambitious" in a statement on Tuesday.

He suggested ‌it may ‌be adjusted without hindering ‌the depositors' ⁠rights ​guarantee "regular, ‌uninterrupted, and complete payments over time".

He also urged the cabinet to conduct a careful review of the draft law , calling for clarifications to ensure fairness and credibility before it is submitted to parliament.

The central ⁠bank governor said the draft required further refinement, ‌including clearer provisions to guarantee equitable ‍treatment of depositors ‍and to reinforce the state’s commitments ‍under the law.

The 2019 financial collapse - the result of decades of unsustainable financial policies, waste and corruption - led the state to default ​on its sovereign debt and sank the Lebanese pound.

The draft law marks ⁠the first time Beirut has put forward legislation aimed at addressing a vast funding shortfall - estimated at $70 billion in 2022 but now believed to be higher.

Prime Minister Nawaf Salam on Monday urged ministers to swiftly approve the draft legislation.

The cabinet discussed the law on Monday and Tuesday and is set to continue discussions ‌on Friday.