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Sunday, November 1, 2026
Baku, Jakarta set sights on broader economic cooperation

Baku, Jakarta set sights on broader economic cooperation

Azerbaijan and Indonesia are seeking to give their economic relationship a new direction, with investment, mining and industrial cooperation emerging as the main areas of interest. A series of meetings held in Baku in late October has brought the two countries closer to discussing practical projects, reflecting a shared interest in expanding commercial ties beyond the traditional exchange of commodities.

Azerbaijani oil surges past $126 per barrel as Iran tensions drive global prices higher

Azerbaijani oil surges past $126 per barrel as Iran tensions drive global prices higher

The price of Azerbaijan's Azeri Light crude oil has climbed to $126.16 per barrel in the European market, rising by $3.88, or 3.2%, amid renewed concerns over potential US military strikes against Iran and disruptions to Middle Eastern energy supplies.

Tehran blacklists British military forces

Tehran blacklists British military forces

Iran has designated the United Kingdom's Royal Navy and Royal Air Force as terrorist organisations, while classifying Britain's foreign intelligence service MI6 as a hostile group.

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