export

Indonesia ready to purchase Russian oil

Indonesia has announced its readiness to purchase oil from Russia following the partial lifting of U.S. sanctions on the Russian energy resource, the country's Minister of Energy and Mineral Resources Bahlil Lahadalia said.

Iran exporting oil through closed Strait of Hormuz

Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has jeopardized broader supplies through the critical waterway.

Turkey may lose 38bln due to Iran conflict

Turkey will lose tens of billions of dollars in export revenues and tourism dollars from the Middle East if the Iran war lasts for three months, The Ekonomim business newspaper writes.

Baku and Tbilisi increase trade turnover

In January of this year, the trade volume between Azerbaijan and Georgia amounted to $77.9 million, reflecting an increase of nearly $5 million compared to the same period last year.

Baku and Washington discuss Trump Route and electricity exports

The transmission of electricity via the Trump Route for International Peace and Prosperity (TRIPP) and prospects for cooperation with U.S. companies within these frameworks were reviewed during a roundtable discussion held as part of a business mission led by Senior Vice President at the U.S. Chamber of Commerce Kush Choksy and Azerbaijan's Minister of Energy Parviz Shahbazov.

Dairy product exports from UAE to Russia tripled

In the previous year, Russia increased its exports of dairy products, including cheese, milk, and ice cream, to the UAE by threefold. The total exports approached nearly $1 million.

Azerbaijan and Syria increase trade ties 90-fold

Trade turnover between Azerbaijan and Syria surged to $92 million in the first eleven months of 2025, representing a 90-fold (9,100%) increase compared to the entire 2024 year.

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