AzerNews - News from Azerbaijan, Business, Energy, Analysis

US-China trade rivalry fuels demand for copper stockpiles

While oil prices hog the headlines and gas only gets a mention when winter rolls around, a far more important metal has been quietly flying under the radar - copper. Once we look at the bigger picture, the scale of copper demand becomes hard to ignore. An electric vehicle requires roughly 80 kilograms of copper, compared with around 20 kilograms in a conventional car. Solar panels, charging stations and new power transmission lines stretching across entire regions all require copper.

Nation

President Ilham Aliyev’s social media account shared video on opening ceremony of World Judo Championships [VIDEO]

A video highlighting the opening ceremony of the World Judo Championships at the National Gymnastics Arena has been shared on President Ilham Aliyev’s X social media account.

Oil & Gas

Azerbaijan boosts oil exports to Switzerland

Azerbaijan’s oil exports to Switzerland tripled in volume in the first eight months of this year. According to the Azerbaijan’s State Customs Committee, Azerbaijan exported 272,500 tons of oil and oil products derived from bituminous minerals to Switzerland worth...

Business

Azerbaijan’s trade and services sector credit portfolio rises 10.1% year-on-year

The total credit portfolio allocated to Azerbaijan’s trade and services sector by banks and non-bank credit institutions reached 4.6184 billion manats as of the end of August 2026, according to official statistics. According to the Central Bank of Azerbaijan, the total volume of loans extended to the sector stood at...

Armenian-Azerbaijani Relations

Moscow awaits Yerevan's response to proposal to restore its railway sections, deputy PM says

Russia is awaiting Armenia’s response to a proposal to restore sections of railway connecting the country toward Azerbaijan’s Nakhchivan exclave and the Turkish border, Russian Deputy Prime Minister Alexey Overchuk has said.

World

World’s lowest Land Rover up for sale

An extremely unusual Land Rover has appeared for sale on eBay. While it may look like a classic British off-roader at first glance, there is much more going on underneath. The project combines the body of a Land Rover Series III with a heavily modified and shortened chassis based on a 1968 Volkswagen Beetle.