Ukraine said its drones struck a Russian oil rig belonging to Lukoil in the Caspian Sea and a military patrol ship near a rig as Kyiv steps up attacks on Moscow’s oil infrastructure, Azernews reports, citing Arab News.
Day: December 20, 2025
The State Oil Fund of Azerbaijan (SOFAZ) has continued to demonstrate resilience and strong performance through its equity investments in global financial markets. Over the past several years, the Fund has pursued a carefully designed strategy of allocating capital into equity indices, and the latest figures released by SOFAZ highlight the effectiveness of this approach. The results confirm that the Fund’s long‑term asset management philosophy is not only sound but also capable of delivering substantial growth in relatively short periods of time.