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Thursday, May 7, 2026
Central Bank’s hawkish strategy shields Azerbaijan’s non-oil economy

Central Bank’s hawkish strategy shields Azerbaijan’s non-oil economy

The mechanics of this stability are currently being tested by a world in flux. While the national budget was calibrated against a conservative 65-dollar oil benchmark, the geopolitical tremors in the Middle East have propelled crude prices well beyond the 110-dollar threshold.

Oil markets jolt lower after Trump freezes Project Freedom

Oil markets jolt lower after Trump freezes Project Freedom

Commercial crude oil inventories in the United States have decreased, AzerNEWS reports. According to data released by the U.S. Energy Information Administration (EIA), commercial crude oil stocks fell by 2.3 million barrels, reaching a total of...

Azerbaijan nears completion of wind measurements for Kalbajar Power Project

Azerbaijan nears completion of wind measurements for Kalbajar Power Project

Measurement work for the construction of a Wind Power Plant (WPP) in the Kalbajar district is nearing completion, AzerNEWS reports, citing Cavid Abdullayev, director of the State Agency for Renewable Energy Sources under Azerbaijan’s Ministry of Energy.

Azerbaijan Army demonstrates high professionalism in EFES-2026 exercise [PHOTOS/VIDEO]

Azerbaijan Army demonstrates high professionalism in EFES-2026 exercise [PHOTOS/VIDEO]

Pursuant to the plan for the next phase of the exercise, representatives from Azerbaijan, Türkiye, Albania, Niger, Nigeria, Romania carried out drills on search operations in caves, shelters, tunnels, and mountaineering training.

Azerbaijan's U-17 girls boxing team ranks first at Heydar Aliyev Cup 2026

Azerbaijan's U-17 girls boxing team ranks first at Heydar Aliyev Cup 2026

Azerbaijan's U-17 girls boxing team has finished first in the team standings at the Heydar Aliyev Cup 2026 in Baku after winning 17 medals, including three golds, AzerNEWS reports.

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