Azernews.Az

Wednesday, July 22, 2026
Why Azerbaijan matters more than ever in global energy market

Why Azerbaijan matters more than ever in global energy market

As of mid-2026, Azerbaijan stands at a profound economic and geopolitical crossroads. Rich oil reserves transformed Baku into one of the world's earliest petroleum capitals, while natural gas exports in the 21st century positioned the country as a strategic supplier to Europe. Yet describing Azerbaijan today as merely an oil and gas exporter increasingly overlooks the broader transformation taking place within its energy sector and the country's evolving geopolitical role.

Baku court continues appeals of convicted Armenian nationals [PHOTOS]

Baku court continues appeals of convicted Armenian nationals [PHOTOS]

On July 21, the hearing continued at the Baku Court of Appeal on the appeals filed by citizens of the Republic of Armenia Arayik Harutyunyan, Arkadi Ghukasyan, Bako Sahakyan, Davit Ishkhanyan, David Babayan, Levon Mnatsakanyan, and others, who were convicted by the Baku Military Court of crimes against peace and humanity, war crimes, including the preparation and conduct of an aggressive war, genocide, violations of the laws and customs of war, terrorism, financing of terrorism, forcible seizure of power, and numerous other crimes committed as a result of Armenia’s military aggression against Azerbaijan.

IEA notes concerns about security of oil supply

IEA notes concerns about security of oil supply

International Energy Agency (IEA) Executive Director Fatih Birol said on Tuesday that the renewed hostilities in the Middle East increase concerns regarding the security of oil supply and uncertainty about the market outlook, AzerNEWS reports.

Latest See more