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Monday December 29 2025
What oil price forecasts mean for Azerbaijan’s economy in 2026 [ANALYSIS]

What oil price forecasts mean for Azerbaijan’s economy in 2026 [ANALYSIS]

After peaking above key benchmarks earlier in the decade, oil prices have entered a period of recalibration. Market forecasts for 2026 point to continued downward pressure on Brent crude amid ample supply and easing demand growth, setting a cautious backdrop for oil-exporting states, including Azerbaijan and its flagship Azeri Light blend. Energy market analysts are projecting that Brent crude oil will average around $65 per barrel in 2026, a figure unchanged from earlier forecasts and slightly below the projected...

Nation
Azerbaijan emerges as primary destination for Chinese capital in South Caucasus

Azerbaijan emerges as primary destination for Chinese capital in South Caucasus

China’s direct investment (FDI) portfolio in the South Caucasus has grown 2.5 times over the past decade, reaching $690 million in the first half of 2025. Citing the Eurasian Development Bank (EDB), Azernews reports that approximately 60% of these investments have been directed to Azerbaijan, and 40% to Georgia.

Oil & Gas
Italy retains lead as Azerbaijan’s top oil buyer despite Portugal pullback

Italy retains lead as Azerbaijan’s top oil buyer despite Portugal pullback

Portugal imported crude oil worth $430.731 million from Azerbaijan during January–November of this year. This represents a decrease of...

Business
Aluminum exports lift Azerbaijan’s non-oil trade growth

Aluminum exports lift Azerbaijan’s non-oil trade growth

Aluminum export figures for the first eleven months of the year indicate continued growth in Azerbaijan’s non-oil trade, Azernews reports.

Analysis

Armenian-Azerbaijani conflict
Nikol Pashinyan hopes for exports from Armenia to Azerbaijan soon

Nikol Pashinyan hopes for exports from Armenia to Azerbaijan soon

Armenian Prime Minister Nikol Pashinyan expressed hope that goods will soon be exported from Armenia to Azerbaijan, Azernews reports, citing foreign media.

Armenian Aggression
Babayan breaks silence as Garabagh Armenians’ fate becomes political weapon

Babayan breaks silence as Garabagh Armenians’ fate becomes political weapon

Samvel Babayan, once the “commander” of the so-called Artsakh Defense Army and ex-“secretary” of the self-proclaimed Artsakh National Security Council, has returned to the spotlight with a blunt and uncompromising critique of the Armenian authorities. His timing, right before the June parliamentary elections, raises eyebrows, but his words strike at the unresolved legacy of Garabagh and the failures of Armenian leadership.

World
Cyprus assumes EU Council presidency from January 1

Cyprus assumes EU Council presidency from January 1

Cyprus will assume the presidency of the Council of the European Union (EU) on January 1, taking over from Denmark for a six-month term, Azernews reports.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Lifestyle
Season's first snowfall blankets Azerbaijan's cultural capital [PHOTOS]

Season's first snowfall blankets Azerbaijan's cultural capital [PHOTOS]

https://azertag.az/xeber/susaya_movsumun_ilk_qari_yagib_video-3942935

Culture
Leyla Aliyeva visits Azerbaijan National Carpet Museum [PHOTOS]

Leyla Aliyeva visits Azerbaijan National Carpet Museum [PHOTOS]

On December 29, Leyla Aliyeva, Vice President of the Heydar Aliyev Foundation and head of the IDEA Public Association, visited the Azerbaijan National Carpet Museum, Azernews reports.

Events
Heydar Aliyev Foundation organizes festive celebration for children [PHOTOS]

Heydar Aliyev Foundation organizes festive celebration for children [PHOTOS]

Vice-President of the Heydar Aliyev Foundation Leyla Aliyeva, Arzu Aliyeva, and Alena Aliyeva attended the event

Sports
Champion judokas meet with 'Winter camp' participants [PHOTOS]

Champion judokas meet with 'Winter camp' participants [PHOTOS]

The leadership of the Azerbaijan Judo Federation and renowned champion judokas have met with participants of the seventh "Brotherly Garabagh Schools" Winter Camp held in the Shabran district, Azernews reports.

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