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Monday, July 20, 2026
Europe faces renewed energy crisis risk as Gulf tensions push gas prices higher

Europe faces renewed energy crisis risk as Gulf tensions push gas prices higher

As the summer of 2026 unfolds, Europe finds itself in an increasingly precarious energy position that few analysts anticipated even six months ago. Despite the absence of winter heating demand and the seasonal lull in consumption, natural gas and liquefied natural gas (LNG) prices on global markets remain stubbornly elevated, hovering at levels typically reserved for peak winter months.

Europe braces for potential energy shortages

Europe braces for potential energy shortages

Despite it being the summer season, prices for natural gas and liquefied natural gas (LNG) on global energy markets remain as high as during the winter period.

Can Azerbaijan's regional airports unlock its tourism potential?

Can Azerbaijan's regional airports unlock its tourism potential?

An airline is reportedly evaluating whether Gabala could become a low-cost hub on the Kutaisi model. The gap between that aspiration and the current reality, zero scheduled international flights at Gabala, Zagatala, Lankaran, and most other regional airports, is Azerbaijan's most concrete aviation policy challenge.

Baku-Yerevan economic engagement lowers regional geopolitical risks

Baku-Yerevan economic engagement lowers regional geopolitical risks

Economic normalization between Azerbaijan and Armenia is beginning to produce measurable effects in trade, transit and regional connectivity. The most important point is that both countries have moved from a zero-sum confrontation toward limited, practical cooperation. That shift matters because in the South Caucasus, even modest changes in transport access, customs flows, and investor expectations can have outsized geopolitical and economic consequences.

Tehran, Muscat hold consultations on Strait of Hormuz security

Tehran, Muscat hold consultations on Strait of Hormuz security

Iranian Foreign Ministry spokesperson Esmail Baghaei said Tehran is coordinating with Oman, as the two coastal states bordering the Strait of Hormuz, to develop mechanisms and implement measures concerning the strategic waterway.

Spain receive FIFA World Cup 2026 Trophy after victory over Argentina [PHOTOS]

Spain receive FIFA World Cup 2026 Trophy after victory over Argentina [PHOTOS]

Spain's national football team has been awarded the FIFA World Cup 2026 trophy after becoming champions of the tournament, which was jointly hosted by the United States, Canada, and Mexico, AzerNEWS reports.

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