AzerNews - News from Azerbaijan, Business, Energy, Analysis

Middle Corridor moment: How crisis rewriting global trade paths

The India-Middle East-Europe Economic Corridor has encountered setbacks twice in three years due to conflicts in the Middle East. In contrast, the Trans-Caspian route, which runs north of the turmoil and through a recently pacified region, is gaining momentum. The disparity between these two routes has now become structural rather than cyclical.

Nation

AAYDA launches restoration work on flood-affected Bibiheybət highway [VIDEO]

The Azerbaijan State Agency of Automobile Roads has launched restoration work on the Bibiheybət road following damage caused by heavy rainfall.

Oil & Gas

Azerbaijani oil price exceeds $125

The price of Azerbaijani oil has risen on the world market.

Business

Middle East conflict hits regional economies

World Bank warns of slower growth in Central Asia and Europe amid Middle East turmoil.

Armenian-Azerbaijani Relations

South Caucasus moves from isolation to integration with first trade steps

Recently, an intriguing statement emerged from Armenian official circles: Azerbaijan has expressed a potential interest in importing aluminum foil from Armenia. At first glance, the trade of a household staple like foil might seem trivial—a minor footnote in the grand ledger of international commerce. However, in the context of the South Caucasus, this development is a profound symbol of a shifting paradigm. It suggests that the long-standing barriers are finally thinning, replaced by the pragmatic language of trade and regional integration.