Month: April 2026

Global oil prices recorded a sharp increase during recent trading sessions, with key benchmarks posting significant gains across major exchanges, AzerNEWS reports.

Iran’s Islamic Revolutionary Guard Corps (IRGC) declared on Friday that its troops shot down another United States F-35 fighter jet over central Iran during overnight attacks, AzerNEWS reports.

bp has distanced itself from comments suggesting it had proposed a new energy corridor via Azerbaijan, clarifying that the remarks originated from an employee’s personal social media account and do not reflect the company’s official position, AzerNEWS reports.

Hopes for a resolution remain elusive, with tensions instead intensifying over the past 24 hours after Donald Trump stepped up his rhetoric towards Iran.

French President Emmanuel Macron hit back at US President Donald Trump over personal remarks targeting him and his wife, saying, “Trump talks too much. His remarks are neither elegant nor up to the standard.” He was speaking to reporters during a visit to South Korea, AzerNEWS reports.

A $2.2 billion joint venture announced today places Azerbaijan at the centre of one of the world’s most ambitious clean energy pivots. But the deal is only the latest chapter in a story that has been quietly building for years, one in which a country defined by oil is systematically reinventing itself as an exporter of something different.

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The American corporation Amazon has reportedly entered negotiations to acquire Globalstar, a satellite communications group valued at nearly $9 billion, in a bid to compete with Starlink, Elon Musk’s SpaceX global satellite network, AzerNEWS reports.