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Sunday March 1 2026
Israel, US attack Iran: Trump agrees to talk to new Iranian leaders, amidst three US servicemen casualties [UPDATED]

Israel, US attack Iran: Trump agrees to talk to new Iranian leaders, amidst three US servicemen casualties [UPDATED]

Israel has carried out a preemptive strike against Iran, AzerNEWS reports, citing Israeli media outlets.

OPEC+ said to boost output by 206K bpd in April

OPEC+ said to boost output by 206K bpd in April

The Organization of the Petroleum Exporting Countries and its partners (OPEC+) are holding a meeting on Sunday, during which it is expected that the April crude production will be increased by 206,000 barrels per day (bpd), AzerNEWS reports.

Azerbaijan’s Interbank Card Center reports decline in transaction volume for January

Azerbaijan’s Interbank Card Center reports decline in transaction volume for January

Data released by the Central Bank of Azerbaijan (CBA) reveals a notable contraction in activity within the Interbank Card Center (ICC) during the first month of 2026. By the end of January, the center processed 21.4 thousand payment transactions, representing a total financial value of $5.6 million, AzerNEWS reports.

How Azerbaijan’s post-war leverage meets Armenia’s economic reality [ANALYSIS]

How Azerbaijan’s post-war leverage meets Armenia’s economic reality [ANALYSIS]

At a time when peace negotiations between Azerbaijan and Armenia are gaining momentum, recent signals of economic cooperation have drawn attention. Armenia’s economy minister announced that the two sides have already exchanged lists of goods that could be exported to one another. This development, though modest, reflects a new reality emerging after decades of hostility.

Iran-US nuclear talks in Geneva: Strait of Hormuz risks and Azerbaijan’s energy strategy

Iran-US nuclear talks in Geneva: Strait of Hormuz risks and Azerbaijan’s energy strategy

A closure of the Strait of Hormuz, through which roughly 20% of global oil passes, would trigger an immediate shock to energy markets. Oil prices could surge to $120–$150 per barrel, with US gasoline prices potentially exceeding $3–$4 per gallon. This would fuel worldwide inflationary pressures.

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