The price of Azerbaijan’s flagship “Azeri Light” crude oil has experienced a sharp decline, dropping by $6.35, or 6.57%, to settle at $90.50 per barrel on a CIF basis at the Italian port of Augusta, AzerNEWS reports.
Day: June 13, 2026
For countries blessed with abundant natural endowments, the path toward long-term economic stability is an intricate puzzle of balancing finite resource wealth with sustainable domestic industries. Azerbaijan has historically recognized this delicate economic puzzle, actively implementing comprehensive, forward-thinking measures over several decades to fortify and diversify its national economy.
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