Azerbaijan to build nuclear power plant
Nuclear energy will become one of the components of Azerbaijan's energy balance, Azerbaijani Energy Minister Parviz Shahbazov said at an energy panel session at the Antalya Diplomacy Forum.
Nuclear energy will become one of the components of Azerbaijan's energy balance, Azerbaijani Energy Minister Parviz Shahbazov said at an energy panel session at the Antalya Diplomacy Forum.
In March of this year, Azerbaijan imported goods worth $960 from Armenia for the first time, the Azerbaijani State Customs Committee reported.
In February of this year, Russia regained its status as the largest oil supplier to both India and China, providing around 1 million barrels per day.
Cotton exports brought Azerbaijan $41.1 million in January and February 2026, showing a 44.5% increase compared to the same period last year.
Since the beginning of the year, Russian corn exports to the Turkish market have reached 360,000 tons, a figure that is seven times higher than that of the previous year.
In January-February 2026, trade between Moscow and Tbilisi increased by 0.5%, reaching over $418 million.
Iraq has resumed oil exports via the Kirkuk-Ceyhan pipeline, the state-owned North Oil Company (NOC) said, according to the Iraqi news agency INA.
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.
Azerbaijani Prime Minister Ali Asadov announced the volume of pipeline gas exports for the previous year, noting that Baku supplies gas to 16 countries.
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 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.
Saudi Arabia, Iraq, the UAE and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, Bloomberg reported citing sources.
Today, a total of 4,500 tons of diesel fuel will be sent from Azerbaijan to Armenia as the next batch of fuel within the scope of fuel product supplies.
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.
Georgia has set a symbolic price for the transportation of petroleum products from Azerbaijan to Armenia across its territory. The tariff rate was discussed during a meeting in Yerevan between ministers Kvrivishvili and …
Georgia generated more than $16 million from tangerine exports last year, with Russia emerging as the primary importer, according to official data.
In 2025, Armenia reduced its wine exports by 3.1% but earned 12.7% more due to rising prices, according to preliminary data released by the Armenian Viticulture and Winemaking Foundation.
Hazelnut exports generated 32% more revenue for Azerbaijan last year compared to the previous year, with total export value reaching nearly $171 million.
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.
Last year, Azerbaijan's gold exports reached $326.2 million, showing an increase of $114.4 million compared to 2024.