Goldman Sachs has forecast that the global oil market will return to a supply surplus as the impact of the Iran-Iraq conflict diminishes and shipping through the Strait of Hormuz returns to normal, AzerNEWS reports.
Month: July 2026
A tightening global cotton balance and steadier prices have arrived just as Azerbaijan tries to rebuild a sector that fell well short of its own production goals for years. Whether the country can convert favourable timing into a durable processing industry depends less on the weather than on the value chain it has spent a decade trying to build.
