Azernews.Az

Tuesday March 10 2026
Middle East conflict pushes oil prices to $120: global economic risks explained

Middle East conflict pushes oil prices to $120: global economic risks explained

The latest military confrontation in the Middle East has once again demonstrated how fragile the global energy market can be. Within a matter of hours, geopolitical tensions pushed oil prices to the psychological threshold of $120 per barrel. Azerbaijan’s benchmark crude, Azeri Light, climbed as high as $125 on global markets. Yet the surge proved short-lived: following remarks by U.S. President Donald Trump, prices retreated sharply and fell below $90.

Nation
More than 2,000 people evacuated from Iran to Azerbaijan

More than 2,000 people evacuated from Iran to Azerbaijan

The evacuation of foreign nationals and Azerbaijani citizens from Iran continues amid ongoing regional developments.

Oil & Gas
Brent oil falls below $90 after hitting $119 day earlier

Brent oil falls below $90 after hitting $119 day earlier

The price of Brent crude oil futures for May 2026 delivery on London’s Intercontinental Exchange (ICE) fell below $90 a day after reaching $119.

Business
Average monthly salary in Baku increase nearly 9%

Average monthly salary in Baku increase nearly 9%

The average monthly nominal wage of employees in Baku reached 1,381 manat ($812) in 2025, AzerNEWS reports, citing the Baku City Statistics Department. According to the data, the figure represents an increase of 8.6% compared to 2024, when the average monthly salary in the capital stood at around...

Analysis

Armenian-Azerbaijani conflict
How Azerbaijan’s post-war leverage meets Armenia’s economic reality [ANALYSIS]

How Azerbaijan’s post-war leverage meets Armenia’s economic reality [ANALYSIS]

At a time when peace negotiations between Azerbaijan and Armenia are gaining momentum, recent signals of economic cooperation have drawn attention. Armenia’s economy minister announced that the two sides have already exchanged lists of goods that could be exported to one another. This development, though modest, reflects a new reality emerging after decades of hostility.

Armenian Aggression
Massacre at Khojaly and shadow of 366th regiment

Massacre at Khojaly and shadow of 366th regiment

Some tragedies are etched so deeply into a nation’s memory that they define a generation. The massacre in Khojaly is one such wound for Azerbaijan.

World
Ramadan Iftar gathering strengthens Indonesia–Azerbaijan friendship and values-based cooperation in Islamic world [PHOTOS]

Ramadan Iftar gathering strengthens Indonesia–Azerbaijan friendship and values-based cooperation in Islamic world [PHOTOS]

The Embassy of the Republic of Azerbaijan to the Republic of Indonesia, in collaboration with OIC Youth Indonesia and the Community Da’wah Institution (LDK) of the Muhammadiyah Central Board, the religious-spiritual movement with the most numerous supporters in Southeast Asia, organized a Ramadan Iftar Gathering to strengthen friendship and reinforce the values of tolerance and harmony in the Islamic world, 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
Group exhibition 'MUZA' opens at D'Art Gallery [PHOTOS]

Group exhibition 'MUZA' opens at D'Art Gallery [PHOTOS]

On March 6, 2026, the official opening ceremony of the art project "MUZA", dedicated to the image of a woman and her role as a creative beginning, was held at D'Art Gallery, AzerNEWS reports.

Culture
Qazakh theatre celebrates International Women’s Day with new performance [PHOTOS]

Qazakh theatre celebrates International Women’s Day with new performance [PHOTOS]

A performance of the play Bir gecənin nağılı (“A Tale of One Night”) was staged at the Qazakh State Drama Theatre to mark International Women’s Day on 8 March.

Events
Mathematics of US-Iran war: missiles, drones and endurance [ANALYSIS]

Mathematics of US-Iran war: missiles, drones and endurance [ANALYSIS]

After joint US–Israeli strikes killed Iran’s Supreme Leader and senior officials, Tehran responded within hours. Missiles and drones were launched towards Israel and US-linked sites across the Gulf, signalling that this would not be a symbolic exchange, but the opening phase of something potentially longer.

Sports
Azerbaijan Premier League: Round 23 to conclude today

Azerbaijan Premier League: Round 23 to conclude today

The 23th round of the Azerbaijan Premier League will be concluded on March 10, AzerNEWS reports.

Latest See more