Economy

Solar energy comes to Azerbaijan's Jabrayil

The Shafag solar project that the project has reached a key milestone by commencing panel installation activities at the site in the Jabrayil district of Azerbaijan, the investors announced.

EAEU-SCO trade turnover reaches 368 bln dollars in 2025

Trade turnover between the member states of the Eurasian Economic Union (EAEU) and the countries of the Shanghai Cooperation Organization (SCO) amounted to $368 bln in 2025, Chairman of the Eurasian Economic Commission Board Bakytzhan Sagintayev said.

Over 80 power facilities damaged in Iran due to war - IEA

The ongoing military conflict in the Middle East led to an energy market shock and created the biggest energy crisis compared to all previous global energy crises combined, head of International Energy Agency (IEA) Fatih Birol said.

Iran seeks compensation from Middle Eastern countries

Iran believes a number of countries in the region are responsible for the attacks on the territory of the Islamic Republic during military operations and are obliged to pay it compensation for the damage caused, Iran’s Ambassador to Tunisia Mir Masoud Hosseinian said.

Türkiye among top clean power-growers

Türkiye sustained its strong renewable capacity expansion in 2025, which placed it among the countries with the biggest increases in solar power generation in the world, according to new analysis that also showed clean energy sources surpassed the global power demand.

Iran conflict may reshape global energy map - IEA

One of the consequences of the Middle East conflict and the crisis around the Strait of Hormuz could be a reshaping of the global energy map, head of the International Energy Agency (IEA) Fatih Birol said.

Ukraine to resume Russian oil supplies to EU

Ukraine will resume transit of Russian oil to Hungary via the Druzhba pipeline at noon on April 21, Hungarian Minister for European Union Affairs Janos Boka said.

Russian oil exports to China up 31 percent

Russia’s crude oil supplies to China have increased by 31% in Q1 2026 year-on-year to 31.86 mln tons, according to figures released by the General Administration of Customs of China.

Oil prices jump once again

Oil prices rose sharply on Monday, after the U.S. seizure of an Iranian vessel hit hopes for a peace deal.

Trump Tower to be built in Tbilisi

A 70-storey Trump Tower is set to be constructed in Tbilisi, as announced by the son of the President of the United States, who revealed plans for the project.

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