Categories South Caucasus Oil prices rise as Iran conflict shows no sign of ending Post author By Mike Nova Post date May 1, 2026 Listen to this article Global oil prices rose on Friday as markets reacted to the lack of progress in resolving tensions involving Iran and ongoing instability around the Strait of Hormuz…. ← Pentagon declines to comment on possible reduction of US troops in South Korea → Azerbaijan suspends cooperation with European Parliament over ‘anti-Azerbaijani policy’ – Anadolu Ajansı