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Tuesday, July 7, 2026
OPEC+ raises output as oil market enters new geopolitical era

OPEC+ raises output as oil market enters new geopolitical era

The shifting tides of the global energy market have once again thrust OPEC+ into the spotlight, laying bare the delicate and often volatile intersection of geopolitics and oil economics. The group’s recent decision to boost oil production targets for August by 188,000 barrels per day is on the surface a standard regulatory tweak meant to stabilize a fluctuating market.

Qatar Airways flight makes precautionary landing at Baku airport

Qatar Airways flight makes precautionary landing at Baku airport

A Qatar Airways aircraft operating flight QTR253 on the Doha–Tbilisi route was diverted to Heydar Aliyev International Airport in Baku after adverse weather conditions prevented it from landing at its intended destination, AzerNEWS reports.

China pulls out of Anaklia Port as Tbilisi opts for state-led Black Sea port

China pulls out of Anaklia Port as Tbilisi opts for state-led Black Sea port

Georgia has confirmed that China has officially withdrawn from the Anaklia Deep Sea Port project, with the government instead opting to develop the strategic Black Sea gateway under direct state ownership while partnering with multiple international operators rather than a single foreign consortium, AzerNEWS reports.

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