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Saturday February 7 2026
Europe’s gas transition elevates value of Azerbaijan’s pipeline supply

Europe’s gas transition elevates value of Azerbaijan’s pipeline supply

Looking ahead, the International Energy Agency (IEA) projects that OECD Europe’s natural gas demand will contract by 8-10% between 2024 and 2030. Crucially, this decline is not driven by supply insecurity, but by structural changes - particularly the rapid expansion of renewable energy capacity and improved energy efficiency.

Azerbaijan highlights social toll of conflicts at UN Commission on Social Development

Azerbaijan highlights social toll of conflicts at UN Commission on Social Development

Azerbaijan’s Permanent Representative to the United Nations, Ambassador Tofig Musayev, has drawn attention to the deep and long-lasting social consequences of armed conflicts during a meeting organized by the Permanent Mission of Pakistan to the UN within the framework of the 64th session of the UN Commission on Social Development, Azernews reports.

Ireland more than doubles crude oil imports from Azerbaijan

Ireland more than doubles crude oil imports from Azerbaijan

Ireland has sharply increased its imports of crude oil and petroleum products from Azerbaijan over the past three years, with 2025 marking a clear peak, according to the State Customs Committee, Azernews reports. In 2025, Azerbaijan exported more than...

Oil prices face ceiling despite rising Middle East tensions [ANALYSIS]

Oil prices face ceiling despite rising Middle East tensions [ANALYSIS]

Geopolitical events around the world, particularly the potential for conflict between the United States and Iran, have once again brought oil prices and their future trajectory into focus. While oil prices are fundamentally driven by supply and demand, they are equally sensitive to geopolitical developments. Any confrontation involving Iran would almost certainly push prices higher, though it is impossible to predict exactly how high they could go. Meanwhile, developments in the global economy continue to generate conflicting forecasts about oil’s path.

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