Day: June 2, 2026

The price of Azerbaijan’s flagship Azeri Light crude oil continued its upward trajectory, posting strong gains alongside major international benchmarks.

Azerbaijan’s Minister of Digital Development and Transport, Rashad Nabiyev, has met with a delegation led by Caleb Orr, the U.S. Assistant Secretary of State for Economic and Business Affairs, to discuss expanding bilateral cooperation in digital transformation, transportation and strategic infrastructure projects, AzerNEWS reports.

Azerbaijan will continue increasing its natural gas production in the coming decades and remain a dependable energy supplier for partner countries, SOCAR President Rovshan Najaf said during the Baku Energy Forum, AzerNEWS reports.

The second day of the Baku Energy Forum, regarded as one of the leading platforms for strategic dialogue in the global energy sector, has commenced as part of the 31st Baku Energy Week.

Israeli Defense Minister Israel Katz warned on Monday that Beirut will be under attack until Hezbollah stops targeting northern Israel, AzerNEWS reports.

As Baku Energy Week opens with new deals and high-level endorsements, Azerbaijan is leveraging its gas corridors, downstream acquisitions, and green ambitions to cement an outsized position in the post-Russia European energy order

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