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Thursday March 12 2026
Baku steps into spotlight as tourism shifts away from the Gulf

Baku steps into spotlight as tourism shifts away from the Gulf

Today, Azerbaijan is no longer just an energy supplier. It has become a vital link in the broader network of global connectivity. The ongoing turbulence in the Middle East highlights how the South Caucasus, with Azerbaijan at the helm, could influence the flow of goods, passengers, and strategic influence across continents for decades to come. As regional analysts warn, a destabilized Caucasus would be disastrous for Europe, potentially paralyzing communication and resource delivery. This makes Azerbaijan a critical actor, both regionally and globally.

Global oil supply set to jump 2.4 million barrels a day in 2026, IEA says

Global oil supply set to jump 2.4 million barrels a day in 2026, IEA says

If OPEC+ countries maintain their current production agreement, global oil supply is expected to increase by 2.4 million barrels per day in 2026, with the growth roughly split between OPEC+ and non-OPEC+ producers, according to a report from the International Energy Agency (IEA), AzerNEWS reports. The report highlights that, due to economic uncertainties and high oil prices, projected global oil demand growth for 2026 has been revised down to...

Tokyo shares fall amid ongoing oil supply worries

Tokyo shares fall amid ongoing oil supply worries

Tokyo stocks fell on Thursday, pressured by rising oil futures after the International Energy Agency’s (IEA) largest-ever oil stock release failed to fully calm investors’ concerns over global oil supply, AzerNEWS reports, citing foreign media.

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